Technical analysis of USDCAD Today we will perform a technical analysis on USD/CAD. USD/CAD is the main currency pair in the foreign exchange market. The market is currently between our support and resistance levels. USD/CAD maintains a bearish tone...
The Australian Dollar (AUD) showcases resilience as it rebounds on Monday despite the US Dollar (USD) experiencing only a slight dip and higher US Treasury yields weighing on the broader market sentiment. Key drivers of this recovery include...
Technical analysis of USDJPY Today I choose USD/JPY for technical analysis. USD/JPY is trading between minor resistance at 156.31 and support at 155.06. The market price highly respects this resistance and support level, after which the price...
The USD/CAD currency pair experienced a sharp decline during the North American trading session on Friday, falling to around 1.4320. This significant drop coincided with a marked weakening of the US dollar, which in turn was triggered by the...
Forecast of Crude Oil Overall, the weekly time frame chart showed a bearish trend for the previous several weeks, but in recent weeks, the price of Crude Oil has been rising due to price adjustments. Two weeks ago, when I was keeping an eye on its...
