On Thursday, the USD/CAD currency pair exhibited noteworthy behavior on the daily chart. The trading day ended on a higher note, indicating a test of the support level at 1.35952. This support test set the stage for potential bullish activity,...
Our current focus is evaluating the price action of the USD/JPY currency pair. The primary regulator, the Bank of Japan, prevented the bulls from pushing the USD/JPY pair higher yesterday. As observed on the H4 chart, attempts to elevate the price...
Forex Dynamics through AUD/ USD Prices I am presently dissecting the dynamic pricing behaviour of the AUD/ USD currency pair. Yesterday, there was an upward movement to the top boundary of the ascending channel, reaching 0.6789. Afterwards, the pair...
The yellow metal continued its impressive run on Monday, defying initial jitters and extending its winning streak to four weeks. The price of gold, measured by the XAU/USD symbol, climbed 0.51% to reach $2,422 per ounce. This bullish momentum came...
AUD/USD Technical Following the price movement over the last two days, the pair started trading within price channels today with a downward trend due to the price movement over the past two days. Looking at the weekly pivot level of 0.6740 above,...