I am closely monitoring the price movement of the Australian-Canadian pair and anticipate a continuation of the downward trend from the resistance zone of 0.89710-0.90472. However, based on my experience, price movements rarely follow a single...
I begin my analysis of the USD/JPY currency pair by focusing on its recent price action, particularly its interaction with key resistance and support levels. I observe that the pair initially rose strongly, reaching its target near 152.60 before...
The AUD/CAD pair is currently exhibiting a downward trend, with price movement retreating from the resistance zone between 0.89710 and 0.90472. Given historical market behavior, I acknowledge that price rarely moves in a single direction for an...
The EUR/USD pair experienced a decline of approximately one-third of 1% on Monday, retreating to the 1.0300 level as market sentiment deteriorated. Investors, who had been anticipating clearer signals from central bank policymakers, were instead...
The GBP/USD pair extended its decline for a third consecutive session on Monday, starting the new trading week with a notable drop below the 1.2400 level, representing a loss of roughly 0.3%. This downward movement reflects a combination of factors,...