I am closely monitoring the price movement of the Australian-Canadian pair and anticipate a continuation of the downward trend from the resistance zone of 0.89710-0.90472. However, based on my experience, price movements rarely follow a single...
The AUD/CAD pair is currently exhibiting a downward trend, with price movement retreating from the resistance zone between 0.89710 and 0.90472. Given historical market behavior, I acknowledge that price rarely moves in a single direction for an...
Hello. Yes, gaps down on Mondays do not mean anything good for sellers. Although they cover them, such price gaps indicate the strength of sellers, who can still push through the defense and go further down the older downward trend. Yesterday, just...
T E C H N I C A L _ A N A L Y S I S U S D / J P Y Hello friends and moderators. At this time I am going to do a technical analysis of USD/JPY. USD/JPY is trading at 151.96 at the time of writing. The technical and fundamental factors are favoring...
EURUSD EURUSD outlook: The EUR/USD pair is under pressure due to the US Dollar's strength and concerns regarding economic data from both regions. The European Central Bank (ECB) and the Federal Reserve continue to drive the direction of the pair....
