Technical Analysis Technical Analysis (TA) is a method of evaluating financial markets, securities, or assets by analyzing statistical trends and historical price and volume data. Unlike fundamental analysis, which focuses on an asset’s intrinsic...
USD/CAD Weekly Outlook Greetings and Good morning to all visitors! The Canadian Retail Sales and CPI data bring helpful signals for the sellers of USD/CAD this week. And, the mat crossed the 1.3965 zone. Yesterday was a volatile day, but the US...
General points of GBPCAD: Currently, the GBPCAD market is closing at the 1.7502 level, indicating that the upcoming UK news events this week have not provided any significant benefits for the Great British Pound. Despite expectations surrounding...
Technical Analysis of Gold (XAU/USD) The attached chart from MetaTrader 4 (MT4) depicts gold's price action over a specific timeframe, combined with technical indicators. Here's an analysis based on the provided visual data: 1. Price Movement and...
Bollinger Bands Bollinger Bands are a technical analysis tool created by financial analyst John Bollinger in the 1980s. They consist of three lines plotted on a price chart to provide insights into volatility and price levels for a security. Here's...
