The CADJPY price action following the wedge breakout on the 1-hour chart is an example of technical precision influencing market sentiment. The breakout itself indicates a shift in control, as bearish participants take the reins from prior...
The NZD/USD pair's technical configuration reveals a strong potential for upward momentum, with a projected rise of 28-41 pips supported by the maintenance of the pivotal 0.5693 level. This support level is more than just a technical barrier; it...
T E C H N I C A L _ A N A L Y S I S X A U / U S D Hello, how are you feeling, friends? I hope everyone feels fabulous and makes good trades in the XAU/USD section. Currently, the price of XAU/USD is hovering around 2770.21. In the future, this pair...
The EUR/USD currency pair experienced a surge on Friday, approaching the significant psychological resistance level of 1.0500. This upward movement was fueled by positive economic data from the Eurozone. The Hamburg Commercial Bank (HCOB) reported...
The USD/CAD H4 chart exhibits a clear bullish trend, beginning from the 1.3410 level and rising steadily to the current range near 1.4330-1.4350. The 50-period simple moving average (red line) acts as dynamic support, guiding the price upward and...
