Geopolitical tensions in the Middle East have the potential to drive demand for safe-haven currencies, such as the Swiss Franc (CHF). Recent escalations, including Israeli airstrikes across the Gaza Strip and missile attacks from the Houthis, have...
USD/CAD Trend Direction Waves: The USDCAD pair shows a strong uptrend, and the current trading price on the Ichimoku Cloud shows strong momentum. The market is making higher highs and lower lows, which confirms the continuation of the uptrend. The...
On Friday, the EURUSD market pair continued to show a strong downward trend as buyers were unable to push the price upward due to significant resistance from sellers who reinforced the resistance level at 1. 04191. 0418. This led to a persistent...
Technical analysis of USDCAD Today I choose USD/CAD for technical analysis, the market price is rising and the market is starting to rise between the main resistance at 1.4482 and the main support at 1.4408. The market price is approaching...
The NZDUSD currency pair has been steadily declining from its peak price. At the start of last week, there was a rise, yet after reaching 0. 5765, the price turned around, coinciding with the strengthening of the Dollar. Observing the market...
