Forecast of USDCHF By examining the USDCHF's daily time frame chart, I was able to observe that the price had been in a bullish trend before the 14th of February, when the 50 EMA line crossed, changing the trend direction from strong to weak. I...
When analyzing the USD/CAD currency pair, the examination of moving averages reveals significant insights into its price action. Short-term moving averages, such as the 5-day (MA5) and 10-day (MA10) moving averages, have been providing support to...
Key USD/CAD points Canada's bank reduced interest rates by 25 bps to 2.75%, as was generally expected, while warning of the "new crisis" of tariffs and the beginning trade wars between the US and Canada. US President Trump reportedly retreated from...
The USD/CAD currency pair is showing signs of weakness as the price remains below the critical resistance level set at exactly 1.4410. The technical indicators suggest that bearish momentum is currently dominating, with selling pressure intensifying...
The GBP/CAD currency pair remains bearish as long as the price continues trading below the critical resistance level at exactly 1.8683 today. The technical indicators suggest further downside potential, with the RSI staying below the neutral fifty...