USDCAD currency pair - let’s consider the D1 period chart. This week they continued to see with a bias upwards and on Thursday large funds poured in and threw the price far beyond the top of this beard that was drawn here for a month and a half....
The NZD/USD pair is presently in a downward trajectory, firmly positioned under the pivot point of 0.5666, which stands as a critical technical level. The overall technical configuration is negative, as demonstrated by the RSI reading below 50—a...
EURUSD Technical Analysis: The market has been in a consistent downtrend after getting rejected from the $1.05300 level. The price is currently hovering around the minor support level of 135, which could serve as a key turning point. If this support...
Market Fundamentals: The Euro faces renewed pressure as concerns mount over downside risks to the Eurozone economy. These fears are driven by uncertainties surrounding a potential second US presidential administration, the ongoing war in Ukraine,...
The current technical outlook for USD/JPY is overwhelmingly bullish, with the pivot point at 154.59 serving as the cornerstone of support for the ongoing uptrend. The RSI is trading well above 50, which underscores the strength of the buying...
