The Canadian dollar (CAD) experienced an eighth consecutive decline against the US dollar (USD) as markets shifted their focus away from the loonie and towards the greenback. US producer price index (PPI) inflation moderated more than anticipated in...
EURUSD H1 Our examination will focus on the price behavior of the EUR/USD currency pair, one of the most popular choices among traders, which has been undergoing significant oscillation around essential daily and weekly support levels. For the past...
The USD-CHF currency pair has recently displayed bullish trends, with the potential for a significant bullish movement in the near future. Traders closely monitor key technical indicators, including moving averages (MA), to gauge the strength and...
GBP/USD TECHNICAL ANALYSIS: On the GBP/USD D1 time frame, it becomes evident that the currency pair had been exhibiting range-bound movement for several trading days. This consolidation occurred just above the key resistance level of 1.3240. During...
Analysis of the Gold pair in the Daily time frame. The market pair Gold timeframe traded on Friday yesterday was successfully maintained by the buyer after holding back the bearish seller in the buyer support area at a price of 2636-2637. This made...