Technical Analysis of AUDCAD Fibonacci Levels and Daily Candlestick Analysis In my analysis of the AUDCAD currency pair, I have observed that the daily candlestick from the previous trading day aligns perfectly with my Fibonacci retracement levels....
Technical picture: Key levels If the monthly rally continues, the 100-day simple moving average (SMA) at 0.6441 should provide interim resistance, followed by the Nov. 25 weekly high of 0.6549, all of which lies ahead of the key 200-day SMA at...
Technical analysis of EURUSD Today I will start technical analysis on EUR/USD. The market is currently in a downtrend, and the trend line is helping it enter a downtrend. The market is currently trading below resistance at 1.0524 and above support...
USD/CAD Trading Analysis Update Tuesday, February 18, 2025 Looking at the ongoing downward rally in the USDCAD pair, it is clear that the Loonie outlook is superior to the Greenback outlook. Last week's data results did not support the dollar index...
The AUD/USD pair exhibited a bullish bias on Tuesday, trading around the 0.6340 level and progressing upwards within a well-defined ascending channel pattern. This technical formation typically signals a positive market sentiment, suggesting that...
