The currency pair saw renewed dip-buying interest at the start of the week, halting its corrective decline from last week’s high—the strongest level since March 2020. As the European session unfolds, spot prices show modest intraday gains and...
The currency pair continues to trade steadily around the 163.50 mark during Tuesday’s session, supported by a weakening of the pair. This decline in the price is primarily attributed to uncertain market expectations regarding potential rate hikes....
USDCAD TECHNICAL ANALYSIS At the base of H1 on the right, it appears that a buy signal has not yet appeared, namely a candlestick that is able to penetrate the upper line of the Bollinger Bands around the yellow rectangle 1.4500 to 1.4300, as long...
The currency pair experienced a lackluster performance on Monday, testing the limits of the 1.2550 threshold before succumbing to downside pressure. By the close of the session, the pair had dipped approximately 0.2%, settling around the 1.2490...
The provided chart displays the AUD/USD currency pair on the H1 timeframe, highlighting recent market activity and key technical indicators that offer insight into potential price movements. The chart showcases candlestick patterns, a moving average...
