•••USD/CAD Analysis: Key Insights for November 11,2024••• The USD/CAD currency pair is presenting interesting dynamics, as the U.S. dollar shows resilience while the Canadian dollar faces pressure from multiple fronts. Currently, USD/CAD trades at...
The US dollar rallied strongly against the Japanese yen, raising the potential for a move back to the key 155 yen level. This level is psychologically significant and has historically served as a point of resistance. Given the current trajectory, a...
Xauusd / Gold Technical Analysis Looking at the senior timeframes, there is still a possibility for buyers to resume growth and target the 2800 level. For this to happen, they must first consolidate at the 2710.28 level. If successful, this could...
In recent weeks, the pair has exhibited notable volatility, potentially forming a double-top reversal pattern in October and November. This technical pattern suggests a bearish outlook, with the first downside target positioned at 1.0650. This level...
M-1 Chart Technical Outlook USD/JPY USDJPY failed to sustain its bearish momentum and after touching a low of 153.81, prices started correcting higher against the USD in the US trading session today. We can see the prices are close to the channel...
