Understanding Levels of Support in the USD/CAD Currency Pair The USD/CAD may find initial support at the lower boundary of an ascending channel, roughly at 1.4040. An ascending channel would indicate that the longer-term price action has risen, but...
Analysis of Recent Gold Price Breakthrough Gold recently broke through a resistance level of $2,731, experiencing a significant price increase. This has given market traders reason to feel optimistic about the yellow metal. By "resistance level,"...
•••EUR/JPY Daily Analysis: November 17, 2024••• ••Introduction EUR/JPY remains in focus as traders analyze its price movement amidst uncertain macroeconomic conditions. The pair trades around 162.60, reflecting mixed signals from both the Eurozone...
•••AUD/USD: Navigating Key Levels Amid Mixed Market Signals November 17,2024••• ••Introduction The AUD/USD pair is experiencing subdued activity today, with live rates showing Buy at 0.6469 and Sell at 0.6464. As traders assess macroeconomic data...
EUR/ USD Key Price Levels The EURUSD market pair traded on Friday was successfully controlled again by the buyers, who managed to keep the price above the buyer support area at 1.0525-1.0526. Even though the sellers tried to suppress it several...
