USDCAD Daily Forecast The USD/CAD pair saw a short-term rally after the Bank of Canada decided to cut interest rates by 0.25%. The move came alongside a cautious press conference in which the Bank of Canada expressed concerns about the fragility of...
The GBP/USD currency pair is showing a potential upward movement as long as the price remains above the crucial pivot level of 1.2940 in the current trading session. Traders expect that if the pair sustains its position above this level, it could...
The USD/CAD currency pair is showing signs of weakness as the price remains below the critical resistance level set at exactly 1.4410. The technical indicators suggest that bearish momentum is currently dominating, with selling pressure intensifying...
Good morning. Yes, sellers failed to form a reversal pattern again yesterday, buyers updated the maximum, and nothing really prevents them from continuing to move the price further upward. First of all, they will need to break through and...
In this analysis, I will examine the USD/JPY currency pair using two different timeframes: H4 (4-hour) and H1 (1-hour). Starting with the H4 timeframe, the current price is trading above both the 21-period and 34-period Moving Averages. This...
