USDCAD Daily Time Chart Analysis The daily chart of the USD/CAD pair shows a dominant bullish pattern with higher highs and higher lows, indicating that the uptrend is likely to continue. The pair has recently seen a sharp decline after rising near...
BTC/USD Analysis Bitcoin (BTC/USD) is currently in a consolidation phase on the daily timeframe (D1), indicating indecision between buyers and sellers. The price has been moving within a tight range, failing to establish a clear direction. This...
Market Fundamentals: The release of weaker-than-expected Chinese economic data early in the day has contributed to a subdued market sentiment. The PMI was confirmed at 50.5, falling short of both the previous reading of 51.7 and market expectations....
Technical analysis of USDCAD Today I choose USD/CAD for technical analysis because the market price is rising and forming an ascending channel. The market price broke these trendlines, helping the price to move higher. Currently, the market price is...
The EUR/ GBP currency brace is facing patient downcast pressure, with the price action indicating a implicit decline of 30 to 44 pips in the coming sessions. The request’s incapability to break above the 0.8345 resistance position reinforces the...
