USD / CAD: We are discussing and analyzing the USD/CAD currency pair's current pricing behavior. My trading strategy is around the Bollinger Bands and a vertical volume histogram. It signals a potential peak in growth and suggests opening a short...
The pair remained relatively steady in its latest trading session, showing little change over the past 24 hours. With traders now shifting their attention to major upcoming events, such as the release of US Consumer Price Index (CPI) inflation...
Gold triggered a bearish reversal on Friday after hitting a record high of 2,686 on Thursday. The high appeared at a key resistance zone, defined by several rising ABCD patterns between the 2,660 and 2,675 levels. Despite breaking above 2,675 during...
The USD/CAD pair experienced a pullback during the last day’s Asian trading session, following a brief rally around the 1.34980 level. This decline was primarily driven by a reversal in the US dollar's intraday gains, coupled with a stronger...
What is channel chart pattern in forex trading. are one of the most versatile tools in your Forex trading toolbox. One of the most popular chart patterns is a channel pattern. Channels can be used to trade with the trend or to help you get in on ...