Key Highlights EUR/USD started a fresh decline below the 1.0350 level. A key bearish trend line is forming with resistance at 1.0400 on the 4-hour chart. GBP/USD is consolidating losses near the 1.2420 level. Bitcoin is slowly moving higher above the $98,000 resistance level. EUR/USD Technical Analysis The Euro failed to settle above the 1.0420 […]
Oct 25, 2024
USDCAD Still Near the Almost 3-Month High
USDCAD adds 3.4% from 1.3420 Remains well above the SMAs MACD and RSI indicate overbought levels USDCAD has been creating a notable bullish rally since the bounce off the 1.3420 support level, taking the price to an almost three-month high of 1.3868. The pair added 3.4% on this rally, trying to switch the medium-term outlook […]
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