The USD/CAD currency pair is currently trading within a narrow range of 1.36760 to 1.36747. This tight range suggests a period of consolidation, where the currency pair is experiencing low volatility and limited movement. Such scenarios are common...
The EUR/USD currency pair has shown strength this morning, trading above the 1.0670 level. Market analysts and traders are closely monitoring this movement, especially in light of recent news emerging from the United States. The unfolding...
GBP/USD Good morning to you, Vlad! Happy weekend to you! My Take Profit was at 1.2625, but I closed the sell at 1.2630 manually. I was afraid that the price would turn around and go north. As the chart shows, I closed the deal early. And it would...
The NZDUSD currency pair has been experiencing a process of profit-taking for the second consecutive day. Yesterday, the influx of sellers' orders managed to bring the price back to the day's opening level. However, today, at least before the...
The Commodity Channel Index (CCI) is a versatile technical indicator that can be used to track movements in the forex market, although originally designed for commodity trading, it helps traders to identify conditions overbought and oversold,...