Technical analysis of USDCAD Today we will perform a technical analysis on USD/CAD. USD/CAD is the main currency pair in the foreign exchange market. The market is currently between our support and resistance levels. USD/CAD remains bearish and is...
The currency pair has pulled back after reaching a high of 157.80, edging down to trade around 157.11 at the time of writing. The pair's inability to sustain higher levels is attributed to broad US Dollar weakness and a drop in the US 10-year...
EURUSD currency pair - let’s look at the H4 chart again today. The past trading week was mixed. They went down a bit, then returned and stayed in place. Well, it’s understandable, pre-holiday and holiday days gave little movement, but on December 31...
EUR/USD Technical Analysis and Basic Concepts The EUR/USD market has been in a downtrend recently. After reaching 1.0370 today, it started to fall rapidly and is currently trading around 1.0348. The price broke above the 20 small moving averages...
Technical analysis of GBPCAD Today we will perform a technical analysis on GBP/CAD. When do support and resistance levels in the market appear? The market also broke through the support level, which is now resistance and will be the next support...
