1. Current Market Structure Primary Trend The H1 USDCAD chart shows a clear bullish short-term trend after a sustained ascent from the 1.37395 region. Price is trading near 1.39037, having broken above previous consolidation highs. The RSI(14) at...
The "$4,440 Citadel": Bearish Pressure Lingers as XAUUSD Consolidates Near $4,367.88 After Downtrend Gold (XAU/USD) spot prices are consolidating on H1 near $4,367.88 after a sharp drop from the 4,577 area. The move came after sellers took control...
Smart Exit Planning:Four Powerful Signals for Closing a Trade In forex trading a trade is only half the job. A trader can identify a strong setup, choose a good entry point, and still lose money if the exit is poorly managed. Smart exit planning...
EURUSD Market Analysis: The EUR/USD pair has fallen below 1.15919 following market participants' ferocious selling action at 1.16079. After correcting to close at 101.80, the US Dollar Index (DXY) demonstrated an impressive comeback; the standard...
XAU/USD Gold's recovery from eight-day lows on Monday fades, and it returns to $4,400 early on Tuesday. Risk aversion brought on both US-Iran tensions and hawkish Fed expectations cause the US dollar to rise substantially. After defending it on...
