The USD/CAD currency pair saw a rise during the European trading session on Friday, hitting the significant resistance point of 1. 4200. This climb followed a recovery from a threeday low of 1. 4166, recorded on Thursday. The pair's growth was...
Pipe Top and Pipe Bottom Candlestick Chart Patterns The Pipe Top and Pipe Bottom are rare but significant candlestick chart patterns used in technical analysis to signal potential market reversals. These patterns resemble a pair of parallel pipes...
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...
The AUD/USD pair encountered downward pressure around the 0.6400 level following the release of the SP Global PMI data for February in the US. Despite market participants perceiving the administration's tariff agenda as less damaging than initially...
EUR/JPY Weekly Analysis Current Market Overview The EUR/JPY currency pair is currently testing a critical triple bottom formation with a notable low at 155.56, which serves as a significant support level. If the price respects this zone, we can...
