EURJPY Analysis The EUR/JPY daily chart shows a significant break of the extended descending channel, suggesting a potential change in market sentiment. The currency pair has been trading in an unusual bearish trend for several weeks, with price...
USDCAD currency pair - daily chart period. March, which began not so long ago, began with an intensive decline, and it is understandable, that the American dollar weakened against most major world currencies. What this is fundamentally connected...
XAUUSD Weekly Technical Analysis XAUUSD has shown a strong bullish recovery on the weekly timeframe, currently trading near 2911.31. The price experienced a significant downtrend, but recent price action suggests a potential reversal. The...
Forecast of USDCAD According to the daily time frame chart I observed, the USDCAD price has been moving in an upward channel for a long time, as I have illustrated in the attached diagram, and there is a significant gap between the top and bottom...
The NZD/USD hourly chart displays a series of price fluctuations characterized by periods of consolidation, strong breakouts, and reversals. Initially, the price moves within a relatively stable range, staying close to the middle Bollinger Band,...