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USD/CAD price moves within descending price channel - Forecast today - 20-03-2025

Economies.com
2025-03-20 02:06AM UTC

The USD/CAD pair advances in intraday trading within a secondary descending price channel that provided a recent boost towards its current resistance. The price is now facing increasing pressure as it trades below the 50-candle SMA, with negative signals from the Stochastic after reaching overbought levels. 

 

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USD/JPY price ends negative harmonic pattern - Forecast today - 20-03-2025

Economies.com
2025-03-20 02:05AM UTC

The USD/JPY pair tumbled after testing the resistance of 150.10, ending the negative harmonic pattern mentioned before in our previous analyses, the Gartley pattern, in turn putting the price under pressure, especially amid negative signals from the Stochastic.

 

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GBP/USD price pierces current resistance - Forecast today - 20-03-2025

Economies.com
2025-03-20 02:04AM UTC

The GBP/USDpair rose in intraday trading and pierced the resistance of $1.2985, buoyed by trading within a secondary price channel, and under the dominance of the main upward trend, with positive signals from the Stochastic after the pair vented off overbought saturation that was apparent previously, with ongoing positive support due to trading above the 50-candle SMA. 

 

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EUR/USD price emits more positive signals - Forecast today - 20-03-2025

Economies.com
2025-03-20 02:02AM UTC

The EUR/USD pair edged higher in the intraday levels with support from leaning on the 50-candle SMA, coupled with positive signals streaming from the RSI after reaching oversold levels, thus bolstering upward momentum.

 

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