USD/CAD Technical Analysis Even though the blue channel line has been rising above the monthly level of 1.3765, it is essential to note that both provide resistance for the price from the current level in line with the higher blue channel line. With...
USD/CAD: We are studying the ongoing USD/ CAD currency pair price action. A slight upward correction is permissible, but the decline will resume afterward. A false breakout of the 1.3782 level is also acceptable, potentially leading to further...
USD/CAD Weekly Forecast Greetings and Good Morning to all visitors! The Canadian CPI and other news events couldn't help the sellers successfully hold the support zone of 1.3732. However, the overall performance of USD/CAD sellers was good. Also,...
The pair surged to 157.10 during Friday’s European session, reflecting significant market movements. However, the asset quickly retreated as the US Dollar continued its downward trend for the third consecutive trading session. The DXY managed to...
Last week, on the weekly chart of the euro, the JPY price continued to rise. First, it tested the support at 169.77, rolled back from it, and the week closed above 169.77. For this reason, last week I gave priority to growth towards the resistance...