The Australian dollar has started to show a modest recovery, but growth appears to be limited. The 0.6350 level looms as a key resistance point, potentially acting as a ceiling for any further recovery. This technical barrier is in line with the...
USD/CAD Technical and Outlook Overview The USD/CAD market has been trending higher lately. The USD/CAD market reached 1.4465 before facing selling pressure, which led to a pullback. The USD/CAD market price is currently trading around 1.43721 and is...
The spot prices remain in a defensive posture during the early European session on Thursday, staying below the key $2,600 mark but still within striking distance of its all-time high. As the market absorbs growing expectations that the Federal...
The Kiwi pair has been under significant pressure in recent days, with the pair trading near the 0.5620 mark during Thursday's early European session. A closer examination of the hourly chart reveals a bearish bias, as the pair continues to trade...
The currency pair has recently displayed a bullish Two-Bar reversal pattern, signaling potential shifts in market sentiment. These reversal patterns typically occur at the peak of an uptrend, where a long green candle is followed by a similar-sized...