Technical Analysis of USD/CAD The Canadian dollar managed to find support at 1.3616 last trading week and strengthened. The price failed to break above 1.3616 and met significant resistance here, which led to a rebound and subsequent decline....
This afternoon, I analyzed the EUR/USD market using the H4 time frame chart. It was quite intriguing because I noticed a potential opportunity for the market trend to gain momentum again later in the evening. There appears to be a reversal signal,...
The Euro saw a slight recovery in early trading on Thursday, but the key question remains whether it can break above the significant 1.12 level. The market is currently facing this resistance and there is uncertainty about the potential for further...
The weakness in the AUD/USD pair is being further exacerbated by a combination of central bank signals. This divergence in monetary policy trajectories between the Federal Reserve (Fed) and the Reserve Bank of Australia (RBA) has created a...
The currency pair has shown bullish tendencies since the early hours of Thursday's trading session, peaking at 1.3390. However, a sudden shift in broader market sentiment reversed this upward momentum, causing the pair to retreat to its opening bid...