Market Analysis of CADCHF as of April 26, 2025 Over the past weekend, the CADCHF currency pair maintained its upward momentum, holding onto a recent rally that originated from a new demand zone between 0.58939 and 0.58240. Despite this bullish...
AUDJPY Daily Forecast The AUDJPY weekly chart provides a detailed picture of the key structural changes in price movement. Initially, the market showed a steady uptrend supported through ascending channels, leading to a price rise over an extended...
Technical analysts primarily use price charts to visualize and interpret historical price movements. The most common types of charts are line charts, bar charts, and candlestick charts.Support and Resistance: Traders identify support levels (where...
Currently, based on the four-hour timeframe analysis, northern traders are attempting to utilize a specific technical level to activate a reversal and break the prevailing downward trend. The chart indicates that the price has recently rebounded...
Based on a primarily technical analysis approach, I maintain a bullish overall bias despite acknowledging the possibility of a downward correction. My key target remains at 146.76, which reflects my long-term outlook for the asset. In the short...
