USD/CAD on the Edge: Key Levels in Focus as Momentum Builds Market Influencing Factors USD/CAD spent most of the session grinding higher as traders stayed focused on two major themes: the strength of the U.S. dollar and weakness in crude oil prices....
TECHNICAL ANALYSIS OF USDJPY H4 The USDJPY H4 chart shows a full cycle from a bearish drop in late april to a steady recovery in may. Price started near 159.50 around 13 april and moved sideways until 29 april when a sharp drop took it down to a low...
Algorithmic trading strategies have significantly changed the landscape of Forex trading, making the market more efficient, competitive, and technology-driven. In the early stages of Forex trading, traders relied mainly on manual chart analysis,...
Petrodollar Arbitrage and Sovereign Divergence Flare Geopolitical Friction Restricts Loonie Despite Solid Domestic Demand The structural macro narrative steering USD/CAD to its highest level since mid-April at 1.3820 is defined by a broadening...
USD/CHF Chart Analysis USD/CHF H4 chart is showing a moderately bullish structure after recovering strongly from the recent lows around the 0.7770 region. Price action has formed a sequence of higher lows and higher highs, which suggests that buyers...
