USD/CAD Currency Pair Analysis: Current Dynamics and Future Outlook The USD/CAD currency pair has been under my analysis, and it's currently presenting a fascinating landscape. After a tumultuous trend of downward volatility, the pair has settled...
USD/CAD ANALYSIS D1 Period Chart USDCAD currency pair - D1 chart. The wave structure here is building its order upwards, the MACD indicator is growing in the upper purchase zone and above its signal line. October turned out to be completely growing,...
The GBP/USD currency pair extended its downward trend on Thursday, trading around the 1.2950 level. This decline is primarily attributed to the strengthening US dollar, which gained momentum following the release of mixed US economic data. While the...
Technical Analysis in Forex Trading: A Snapshot Understanding Price Action Technical analysis in Forex trading focuses on interpreting historical price action to forecast future movements, emphasizing trends over economic factors. Chart Patterns and...
Technical analysis of the GBPJPY pair The price is now trading in a support area, which is the price gap area that occurred at the beginning of this week, as trading opened with a price gap upwards that was acting as a strong support level for the...