The AUDCAD pair on the 1-hour timeframe is showing a weakening bullish momentum. After failing to sustain gains near the upper Bollinger Band, price action has started to compress and slip lower. Recently, the price attempted to push upward but got...
Market Analysis of CADCHF as of April 26, 2025 Over the past weekend, the CADCHF currency pair maintained its upward momentum, holding onto a recent rally that originated from a new demand zone between 0.58939 and 0.58240. Despite this bullish...
Good afternoon, Based on the recent analysis of the EURNZD currency pair, the overall market sentiment remains bearish as of Saturday, April 26, 2025. The market has been predominantly dominated by sellers since the beginning of this month, and the...
On Friday, the trading session was characterized by significant market activity, primarily driven by the latest news developments affecting the Japanese yen. The most notable event was the release of Tokyo’s Consumer Price Index (CPI) data, which...
Based on a primarily technical analysis approach, I maintain a bullish overall bias despite acknowledging the possibility of a downward correction. My key target remains at 146.76, which reflects my long-term outlook for the asset. In the short...