AUD / USD: An Hourly Time Frame Recommendation Yesterday, the market sentiment of AUDUSD was notably weak, hovering around the 0.6245 level, indicating bulls lacked the strength to drive significant price movement. Consistent holidays that started...
USD / CAD: Trading Recommendation The bulls of USDCAD are still in action, showing a steady effort to maintain control over the market. Yet, momentum remains sluggish as consistent holidays impact trading activity. Reduced market participation has...
GBP/USD Technical Analysis and Key Concepts The GBP/USD market has seen significant volatility today, falling as low as 1.2499 before resuming its gains. The GBP/USD markets are currently trading at 1.2512, indicating a cautious recovery. However,...
The Spot price, often referred to as the "Loonie," experienced a mixed day on Thursday. While initially showing weakness, the CAD gained ground against the US Dollar (USD) after the Federal Reserve (Fed) unexpectedly cut interest rates by 50 basis...
XAU/USD Technical Analysis: Basic Dynamics, Concepts, and Strategies The XAU/USD market is trending higher today. After hitting an intraday high of 2638, the price is currently trading around 2628. Looking at the hourly chart, XAU/USD is trading...
