The reaction I was anticipating began to unfold as I closely monitored the market. I had been waiting for the test of the average moving line on the hourly chart, which was positioned at 1.0437 at that time. However, the price action surprised me as...
T E C H N I C A L _ A N A L Y S I S U S D / C A D Hello fellow readers, today USD/CAD has an interesting setup for our day trading. Now I am preparing an analysis of the USD/CAD market which I hope will be useful for us. Without any further delay,...
The USD/JPY currency pair is showing a potential downward movement, with 151.85 acting as the key level that separates bullish and bearish scenarios. If the price remains below 151.85, the pair could continue declining toward 150.90 and 150.50. If...
EURUSD Technical Analysis 20 February 2025 Technically, I see that the EURUSD pair has entered a price position that is still worthy of being considered as an entry point. Let's take a look at the following EURUSD 1 Hour Time Frame chart image...
The AUD/USD currency pair remains locked in a downward trajectory, facing persistent resistance at 0.6369, which continues to act as a crucial pivot level. As long as the price remains below this threshold, the bearish trend remains intact, with...