Technical Analysis: EUR/USD EUR/USD falls sharply to near 1.0420 as the safe-haven appeal of the US Dollar has strengthened in a risk-off environment. The Fed is expected to leave interest rates unchanged, while the ECB is set to cut them by 25 bps,...
Technical analysis of USDCAD Today, I choose USD/CAD for technical analysis because the market price is rising and forming an ascending channel. Market prices broke these trend lines, which helped push prices higher. At this point, the market price...
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As of Thursday, the AUD/USD currency pair is trading at approximately 0.6220 and is attempting to break above a descending channel on the daily chart. A successful breakout from this channel could weaken the current bearish bias in the market and...
Bitcoin sank below $100 thousand: the market reacts to the initiatives of the White House On Monday, the cost of bitcoin dropped below the $100,000 mark for the first time in a week, despite the beginning of the presidential term of Donald Trump,...
