The USD/CAD pair remains under pressure while trading below the key resistance level of 1.3907 in the current market conditions. Technical indicators confirm the bearish scenario, with the Relative Strength Index (RSI) positioned firmly below the...
Currency pair EURUSD - D1 chart. Last week, at the beginning, prices continued to rise, but then they were quickly brought down from the highs reached. The previous week closed almost where it opened. The latest upward wave surpassed the previous...
The AUD/USD pair shows continued bullish momentum as long as the price remains firmly supported above the 0.6381 pivot level today. Traders expect a further rise toward resistance levels around 0.6428 and potentially even higher targets should...
The EUR/USD pair shows positive momentum while trading above the pivot point at 1.1348 during today’s European market session. As long as EUR/USD maintains its position above 1.1348, the bullish outlook for the pair will likely remain intact....
The pattern emerges during a clear downtrend. The first candle is a bearish one, and the second is bullish, opening lower than the previous day’s close, but closing more than halfway into the body of the previous day’s candle. Always wait for the...
