Technical analysis of USDCAD Today I choose USD/CAD for technical analysis because the market price is rising and forming an ascending channel. The market price broke these trendlines, helping the price to move higher. Currently, the market price is...
Technical analysis of USDJPY Today I picked USD/JPY for technical analysis, and the market price fell one level and is now closer to the trend line, helping to push the price higher. After breaking the market price support at 150.96, it also damaged...
The NZD/USD daily chart exhibits a pronounced downtrend, with the price consistently forming lower highs and lower lows. The red moving average (likely a 50-period SMA) follows the price action closely, acting as dynamic resistance. The price is...
H-4 Chart Technical Outlook AUD/USD Yes, it is impossible to say yet that the GBPUSD pair has broken the decline that began last fall, but they have been trying since the New Year. This week, it turns out, there was an attempt to grow, but the...
EUR/ USD Price Overlook The EURUSD market pair traded last Friday is back in the selling pressure rate carried out by the seller after successfully repelling the buying pressure rate of the buyer by dampening it in the seller's resistance area at a...
