USD/CAD Trend Analysis Update Today, we'll discuss analyzing the USD/CAD currency pair's price movements. A false breakout occurred at 1.3796, signalling that a further decline is likely to follow. The price will likely break above 1.3799 and stay...
It's essential for traders to remain vigilant during this period of consolidation. The upcoming economic announcements could serve as catalysts for price movements, potentially breaking the current flat trend. This need for vigilance will keep...
NZD/USD OUTLOOK ANALYSIS: On the NZD/USD D1 time frame chart, the current exchange rate reveals a distinct downward trend in the market. As we analyze the latest price action, it is evident that this currency pair has been consistently declining,...
The NZD/USD pair experienced a four-day decline, hovering around the 0.6050 level during European trading on Thursday. A daily chart analysis reveals that the pair is attempting to remain within a descending channel pattern, suggesting a...
EUR/USD Technical Analysis On the EUR/USD D1 time frame chart, the current analysis based on trend conditions and key technical indicators points toward a bearish market pattern. This suggests that the EUR/USD currency pair may experience further...