USDCAD 4-Hour Analysis: The USD/CAD rose after the release of US and Canadian jobs data, hitting its highest level in two days at 1.42168. After that, it retreated to around 1.41468. Even though it is not at its peak, the day is still going well....
Gold 5-Minutes Analysis: We discuss the examination of the price behavior of gold. The market sentiment for this trading instrument is optimistic, and gold is firmly in an uptrend. The price is currently trading above the Ichimoku cloud, indicating...
GBP/JPY Market Overview and Direction I look at the live market data for the GBP/JPY pair today. I see the current market price of GBP/JPY is sitting exactly at 217.04 right now. I watch the live numbers move up and down on my trading screen. I...
TECHNICAL ANALYSIS OF SILVER PAIR. On the H1 timeframe, Silver (SILVER.m) is trading around 60.23 after an extended bearish trend that has dominated price action since early June. The chart clearly shows that the long-term moving averages remain...
USDCAD H1 Chart Analysis: Salutations to all! On the H1 chart, it looks like USDCAD is now declining. I believe we will be able to buy it shortly if we follow the chart. After almost hitting the two resistance levels, the price decided to retest and...