A portion of the significant intraday losses was recovered by the Japanese yen (JPY), but it is still weak as officials try to lower the rates on Japanese government bonds (JGBs). Higher long-term rates can actually put pressure on Japan's...
The Parabolic SAR (Stop and Reverse) and the Relative Strength Index (RSI) are two popular technical indicators used by traders to identify potential trends and reversals in financial markets. Currently, the Parabolic SAR and RSI indicate that the...
USDCAD Daily Time Chart Analysis The USD/CAD pair is under bearish pressure after breaking the uptrend and testing key support levels. After a long uptrend, the pair is currently hovering around the 1.4172 level and is struggling to recover from the...
**Analysis of USDCAD Market on February 21, 2025** The USDCAD currency pair has shown some compelling movements recently, particularly on the hourly chart (H1) for February 21, 2025. On this day, we witnessed a notable increase in price momentum,...
AUDUSD Technical Analysis 21 February 2025 Forex Analysis - Technically, I see that the AUDUSD pair has entered a price position that is still worthy of being considered as an entry point. Let's take a look at the AUDUSD pair chart image 1 Hour Time...