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 remains bearish and is...
USD / JPY: An Hourly Time Frame Road Map We have more buying opportunities in the USDJPY market. It hit the upper-level of 157.00 yesterday which indicates that the bulls are in action. Thus, don't go downward right now as the bears are not in...
EUR/USD Technical Analysis and Basic Concepts The EUR/USD market has been in a downtrend recently. After reaching 1.0370 today, it started to fall rapidly and is currently trading around 1.0348. The price broke above the 20 small moving averages...
The currency pair has surged near 1.2480 against the Dollar during Thursday’s early trading session. This rally comes as the Dollar tumbles in response to a slew of economic data from the United States. The Dollar, which measures the Greenback’s...
Technical analysis of GBPCAD Today we will perform a technical analysis on GBP/CAD. When do support and resistance levels in the market appear? The market also broke through the support level, which is now resistance and will be the next support...
