TRADING CHART ON AUD USD D1. The provided chart illustrates the daily price action of the AUD/USD currency pair, showcasing a persistent downtrend that has been in place since early 2022. This bearish trend is accompanied by several key technical...
GBP / CAD: An Hourly Time Frame Recommendation The Canadian Dollar faced good news data, which helped the bears cross the 1.7718 level yesterday. Positive data releases supported the currency, demonstrating the strength of the Canadian economy....
The EUR CAD pair continued to weaken. The price fell after failing to break through the resistance at 1.4856. Previously, the price had been moving within a limited range between 1.4811 and 1.4856, slowly attempting to rise. However, this area...
I anticipate a further decline in the USD/JPY currency pair on Monday. I see most indicators on the hourly time frame signaling a downward movement. I observe that the general trend for the 1-hour chart has shifted from ascending to descending. I...
Technical analysis of XAUUSD Today, we will analyze XAU/USD (gold) technical analysis. The market is currently trying to break its resistance level of 2687, But not touch the next resistance level yet. If the market breaks its resistance level 2719,...
