The NZDCAD currency pair has rebounded after its price pressure bounced above the demand area on the daily chart at 0.80975. This suggests it has the potential to close the gap to the dynamic resistance of the 5-day moving average. If it manages to...
The USD/CAD currency pair has recently experienced a significant surge, reaching its highest level since March 2020 at 1.4467. This upward trend is primarily driven by the strengthening US Dollar, which has been bolstered by several factors....
Date: 20th December 2024. BOE Sees More Support For Rate Cuts As USD Strengthens! Key Takeaways: *The US Dollar increases in value for a third consecutive day and increases its monthly rise to 2.32%. *The US Dollar Index was the best performing...
TRADING CHART ON USD CAD H1. The USD/CAD hourly chart reflects a significant bullish trend that has persisted since mid-November, with prices maintaining an upward trajectory. The moving average (likely a 200-period SMA) acts as dynamic support,...
Technical analysis of XAUUSD Today we will do a technical analysis of gold. The market is currently between support and resistance levels. The market has just crossed the resistance level and is currently supporting resistance with the next...
