Blogs

USDCAD Breaks Trend Line: A Look at What’s Ahead

Forex

In a recent development, the USDCAD pair has broken below the rising trend line on its 4-hour chart. This move insinuates that the uptick from 1.3176, which capped at 1.3541, is now wrapped up. Where are we headed now? A further drop down could be on the horizon in the forthcoming days, with the crosshair […]

USDJPY Maintains Uptrend: Key Levels Analyzed

Forex

Looking at the USDJPY pair, it seems to be holding its ground above a rising trend line on its 4-hour chart, a promising sign that the pair is persisting along the bullish trend that started at 140.25. As long as the price stays obedient above this highlighted trend line, the pullback it experienced from 148.80 […]

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