The GBP/USD pair extended its decline for a third consecutive session on Monday, starting the new trading week with a notable drop below the 1.2400 level, representing a loss of roughly 0.3%. This downward movement reflects a combination of factors,...
T E C H N I C A L _ A N A L Y S I S E U R / U S D Hello, today I picked EUR/USD for technical analysis and we will analyze the price action of EUR/USD for today. EUR/USD is trading at 1.0301 at the time of writing. According to the indicator’s...
T E C H N I C A L _ A N A L Y S I S U S D / C A D Good Morning, I hope all is well. Let me share with you my thoughts on USD/CAD. Currently, the market price of USD/CAD is floating around the 1.4338 area. This area is near the resistance zone....
Hello. Yes, gaps down on Mondays do not mean anything good for sellers. Although they cover them, such price gaps indicate the strength of sellers, who can still push through the defense and go further down the older downward trend. Yesterday, just...
The AUD/CAD pair is currently exhibiting a downward trend, with price movement retreating from the resistance zone between 0.89710 and 0.90472. Given historical market behavior, I acknowledge that price rarely moves in a single direction for an...
