The USDCAD market's price movement has so far been tracked in a very steady and positive bullish trend, but in recent days, I've noticed that the price condition has begun to deteriorate gradually. In fact, after attempting to draw a trendline, it...
USD/JPY Faces Downward Pressure The daily chart for the USD/JPY currency pair reveals a recent period of downward momentum. Following a peak in late March, the pair has experienced a noticeable decline, breaking below key moving averages. The price...
ANALYSIS OF GOLD PAIR. Gold prices on the hourly chart are currently exhibiting a transitional phase after a strong prior uptrend, suggesting a critical juncture where market sentiment is being tested. The broader trend remains bullish when...
The euro halted its two-day decline against the US dollar on Thursday, stabilizing around the 1.1340 level. An analysis of the daily chart's technical configuration suggests a potential weakening of the prevailing upward trend, primarily due to the...
EUR/USD Technical Analysis H-1 Chart EURUSD quotes continue to form a local downward channel, but I do not consider this a signal for further decline, since the price can still form a double top. The situation also depends on the news background,...
