•••USD/CAD: A Dynamic Push-Pull Between Two Economies(December18,2024)••• The USD/CAD currency pair is seeing heightened volatility as December 2024 wraps up. Both the U.S. and Canadian economies are pushing and pulling on the exchange rate, but...
Yeah, I agree. Anything under 5 minutes gets pretty chaotic for me. Too much whipsaw action. I've found that sweet spot is around 5-15 minutes for...
It's basically when the price keeps making higher lows, showing buyers are stepping in. Think of it as a mini-uptrend forming within a larger trend. It's a bullish signal, but always use it with other indicators to...
Charts are way easier to digest than wading through financial reports. Plus, I'm in it for the quick wins, and TA lets me jump on those short-term trends. Fundamental analysis is great for long-term investing, but I'm a day trader, so TA is my jam....
The pair faced significant pressure against the Dollar on Wednesday, retreating to long-term averages around the 1.4310 region. The new trading week began with the price on the back foot, as investors sought refuge in the safety of the Dollar. This...
