Technical analysis of USDCAD Today we will be doing a technical analysis of USD/CAD. What is the quality of market support and resistance levels? The broader market has also broken support, which is now set as resistance, which will be the next...
USD/JPY Technical Analysis: The USD/JPY is currently consolidating, with key support at 137.00 and resistance at 138.50. Recently, the pair has been forming higher lows, suggesting a bullish medium-term outlook. The Relative Strength Index (RSI)...
GBP/USD Technical Analysis: Today, GBP/USD is hovering around 1.2700, showing some consolidation after recent moves. In my view, the key support levels to watch are 1.2670 and 1.2620, while resistance stands at 1.2750 and 1.2800. Looking at the...
Technical analysis of GBPCAD Today I choose GBP/CAD for technical analysis. The market is rising, which is helping the price, which is currently at the trend line, to rise. The market price encountered some resistance and found support at 1.7979 and...
Gold prices exhibited a moderate bullish trend on Tuesday, driven by a confluence of factors. Notably, China's Politburo pledged to bolster economic growth through increased stimulus, while the People's Bank of China resumed gold purchases, both...