USD-CAD PAIR ANALYSIS Previously, USDCAD experienced a very deep decline after the candle was unable to penetrate the supply area at the price of 1.3782. If I'm not mistaken it happened on Wednesday. The currency pair was able to fall by around...
We are currently engaged in an ongoing analysis of the GBP/USD currency pair price movements. The trading day concluded with attempts to push the price upward, but now, I am observing a reversal pattern that suggests a potential move to the short...
Developing and implementing a Forex system requires many steps, from initial research planning to implementation to ongoing operations. Here’s a comprehensive guide on how to put your forex strategy to work: Step 1efine your goals and risk tolerance...
The image depicts a candlestick chart for the EUR/GBP (Euro to Great Britain Pound) currency pair. The chart showcases price movements over a period, likely on an intraday or daily basis, given the detailed candlestick formations. Here is a...
Technical Reference: buy as long as it is above 1.27205 Resistance 1: 1.27745 Resistance 2: 1.27855 Support 1: 1.27205 Support 2: 1.27065 GBPUSD was able to rebound from the weekly low level to break out the bearish channel , the potential increase...