At the beginning of this month, the USDCAD currency pair attempted to reverse the prevailing market trend by moving towards a bearish direction. However, despite these efforts, market conditions on the daily timeframe indicated that buyers were...
This week’s trading session has witnessed a significant bullish movement in the USDCAD currency pair. On Monday, there was a notable attempt by the sellers to push the price downward, leading to a correction that temporarily brought the price down...
The diffused lamp is an important example of a candle used in technical analysis to identify potential changes in the market. It consists of two candles with the second candle completely covering the body of the previous candle, indicating a sharp...
The USD/CHF currency pair, which tracks the exchange rate between the US dollar (USD) and the Swiss franc (CHF), is currently trading around 0.8907. This exchange rate reflects how many Swiss francs are needed to purchase one US dollar. Presently,...
The USD/CHF currency pair, recently trading near the 0.8945 level, is exhibiting a complex interaction influenced by a variety of economic factors from both the United States and Switzerland. These dynamics are underpinned by US economic data...