USDCAD H4 The Canadian dollar (CAD) experienced an eighth consecutive decline against the US dollar (USD) as markets shifted their focus away from the loonie and towards the greenback. US producer price index (PPI) inflation moderated more than...
On the GBP/JPY H1 time frame, the GBP/JPY currency pair has exhibited a robust upward trend over the past few days. The price action has consistently moved higher, reflecting strong bullish sentiment in the market. As of now, the pair is trading...
The Australian Dollar (AUD) has shown bearish trends against the US Dollar (USD), indicating a potential decline based on current market conditions. Closing at 0.6845, the AUD/USD pair is nearing crucial support levels that, if broken, could lead to...
The NZD/USD currency pair is currently displaying notable technical movements, making it an interesting subject for traders and investors. As per recent analyses, it is anticipated that NZD/USD will first approach the 0.7321 level, identified as the...
Now, turning to the 15-minute chart of the USDCAD pair, I observed that the pair was trading above an uptrend line. Initially, when it started consolidating near the 1.35697 support, I anticipated a decline, as the seller was gaining volume in that...