February 23, 2025 The British pound (GBP) is trading near a two-month high against the U.S. dollar (USD), with the exchange rate at approximately $1.2591. This appreciation is partly attributed to diminished expectations of immediate U.S. tariff...
Technical analysis of USDCAD Today we will perform a technical analysis on USD/CAD. USD/CAD is the main currency pair in the foreign exchange market. The market is currently between our support and resistance levels. USD/CAD maintains a bearish tone...
USD/JPY Price Movement Update The USDJPY currency pair in the last few weeks, it can be seen that the candlestick movement continues to experience price movements with a bearish trend direction. Indeed, on several occasions, the price movement...
Understanding key technical levels in the market is essential for successful trading. The primary support level is at 1.2100, which has historically been a strong buying zone. A bounce from this level indicates bullish sentiment. The secondary...
On the H4 timeframe for silver, a bearish trend line has been tested three times before breaking below it, indicating increasing selling pressure. Additionally, the price is approaching a critical point where it may break the 50-period moving...
