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Daily Tecnical Analysis

EUR/USD Current level – 1.1904 During the last trading session, the single European currency managed to recover a bit of its recent losses against the U.S. dollar, but the upward…
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USD/CAD Bounces Off Support

On Monday, the US Dollar declined by 123 pips or 0.99% against the Canadian Dollar. The currency pair breached the 50– hour simple moving average during Monday’s trading session.…
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AUD/USD Likely To Edge Higher

The Australian Dollar surged by 58 pips or 0.78% against the US Dollar on Monday. The currency pair breached the 50– hour simple moving average during yesterday’s trading session.…
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EUR/JPY Bulls Could Prevail

The common European currency rose by 141 pips or 1.08% against the Japanese Yen on Monday. The currency pair tested the resistance level at 131.44 during yesterday’s trading…
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BTCUSD Is Possibly Bearish

Technical analysis The price lies below MA(50) and MA (200) The MA(50) is below MA (200), which is favourable for bears The MACD is below 0, with the signal line pointing up The…
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