The BTC/USD price is currently moving within a short-range, and today we briefly tested its upper boundary before pulling back slightly, as seen on the H1 chart. Yesterday, Bitcoin once again demonstrated a strong upward momentum, with bulls...
GBP/USD Technical Analysis 1-hour chart The GBP/USD currency pair, in the 1-hour timeframe, is showing significant movements and patterns that suggest a bearish structure in the current market. Let’s break it down step by step for a clearer...
USD/CHF Technical Analysis Currently, USD/CHF is trading around 0.8805, showing mixed momentum. I’ve noticed strong support at 0.8780, which aligns with the 50-day moving average, while resistance is sitting near 0.8840, around the 200-day moving...
USDJPY TECHNICAL ANALYSIS Using basic analysis of the H4 timeframe chart, the USDJPY currency pair trend is still trying to move in a bearish phase. And we can monitor this condition through prices which are still moving stably below the Simple...
As expected, the Bank of Canada cut interest rates by 50 bps to 3.25%. BOC Governor Macklem delivered an increasingly hawkish speech, hinting at a potential pause in the rate-cutting cycle depending on how growth and inflation play out. USD/CAD fell...
