The USD/CAD pair prolongs its uptrend for the fourth successive day on Friday and has now reverses a major part of its weekly losses amid sustained US Dollar (USD) buying. In fact, the USD Index (DXY), which tracks the Greenback against a basket of...
The analysis of the gold (XAU/USD) hourly chart reflects a clear upward trend, indicating strong bullish momentum. The price action has consistently shown higher highs and higher lows, which is a typical sign of a market dominated by buyers. In my...
Technical analysis of EURUSD Today I choose EUR/USD for technical analysis. Market prices are rising, which is very helpful in increasing the cost of purchasing power. The market price broke out of this momentum level and then the market price...
USD / JPY: An Hourly Time Frame Recommendation Today, I recommend entering the market of USDJPY with a bullish scenario. The market shows signs of a positive outlook for the US dollar, and the lack of any particular news from Japan gives the bulls...
Technical analysis of GBPUSD Today I picked GBP/USD in technical analysis. The market is bearish, and the selling momentum is helping the price fall. The market price reached the execution support level, and from this monthly support at 1.2151, the...
