The USD/CAD currency pair has recently experienced a significant surge, reaching its highest level since March 2020 at 1.4467. This upward trend is primarily driven by the strengthening US Dollar, which has been bolstered by several factors....
Technical analysis of EURUSD Today I choose EUR/USD for technical analysis. The EUR/USD market is bearish, helping the price break the dawn trendline and selling momentum. The market price follows the trend line and repeatedly touches the trend line...
The Japanese Yen attracts some buyers after a stronger-than-expected Japan’s National CPI. A weaker risk tone and retreating US bond yields also lend support to the lower-yielding JPY. The Fed’s hawkish shift favors the USD and should act as a...
The NZDUSD, also known as the renminbi, has recently experienced some volatility against the US dollar. While it initially faced downward pressure due to a stronger US dollar, it has since stabilized and recovered some of its losses. The Federal...
USD/JPY Technical Analysis 30 Minute Chart We analyze the current market situation on the 30-minute chart for USD/JPY. The price is currently trading above the 200-day Simple Moving Average (SMA), which suggests a strong uptrend. The price is also...
