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The USDCAD attempts to breach – Analysis - 24-05-2023
The USDCAD pair attempted to breach 1.3500 level but it returns to fluctuate below it, to keep the bearish trend active until now, which its targets begin by breaking 1.3480 to reinforce the chances of heading towards 1.3350 as a next main target.
Note that breaching 1.3500 and holding above it will stop the bearish wave and lead the price to recover and achieve gains that reach 1.3680.
The expected trading range for today is between 1.3430 support and 1.3550 resistance.
The expected trend for today: Bearish
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The USDJPY gathers momentum – Analysis - 24-05-2023
The USDJPY pair shows sideways trades since yesterday, settling around 138.50, noticing that stochastic attempts to get rid of its negative momentum and gain the positive momentum on the intraday time frames, waiting to motivate the price to resume the bullish wave that its next main target located at 140.00.
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