I am closely analyzing the current situation on the USD/CAD pair. The price has almost reached the support level at 0.8964, which I believe will most likely be tested soon. Although the 200-period moving average is positioned above the quotes,...
USD/CHF As of today, USD/CHF is showing some interesting price action, with both technical and fundamental factors at play. Technical Analysis: The pair has been trading within a descending channel, reinforcing the current bearish momentum. Right...
GBP USD As of February 14, 2025, the British Pound (GBP) has demonstrated notable strength against the U.S. Dollar (USD), reaching levels not seen since December 2024. At 10:43 GMT, the pound was trading at $1.25775, marking a 0.1% increase for the...
General Points about EURJPY The EUR/JPY market had dropped below the 160.00 level. The decline appeared to be part of a correction process rather than a significant bearish trend, and the market is expected to move back up. Market participants...
XAUUSD Technical Analysis XAUUSD is currently trading around 2893, experiencing a temporary pullback after testing recent highs near 2925. The market has been in a strong bullish trend, with price action consistently forming higher highs and higher...
