I believe the USDCAD pair is currently presenting a compelling opportunity for sellers, based on the recent price action and technical structure. I observe that the pair has struggled to sustain upward momentum after Monday’s rebound to 1.42450,...
USDJPY currency pair - the week has passed the middle and let’s look at the D1 period chart again. The wave structure still has an ascending character of construction, but the MACD indicator is in the lower sales zone and below its signal line. Here...
As of February 20, 2025, the GBP/USD currency pair is navigating a complex landscape shaped by technical indicators, fundamental economic factors, recent news events, and upcoming economic data releases. Technical Analysis The GBP/USD pair is...
Yesterday, the market closed with a daily bearish candle, which, while notable, is not the primary focus of my analysis. What stands out to me is the presence of a small tail on the candle, which serves as an indirect confirmation of my broader...
20 February 2025 AUD/USD recovers above 0.6350 Australian Dollar (AUD) is under mild downward pressure vs US Dollar (USD); it could edge lower but is unlikely to break below 0.6305 (there is another support at 0.6325). In the longer run, momentum...
