USD/CAD ANALYSIS JULY 27, 2024 On the weekly chart above, the price cluster appears to be approaching the green rectangle resistance zone in the range of 1.3875 - 1.3976, where in the previous breakout attempt, buyers were only able to hold on to...
The precious metal showed a bearish trend after reaching new all-time highs during European trading hours on Friday. At present, the yellow metal is trading around the $2,380 mark as investors adopt a wait-and-see approach ahead of the highly...
The USD/CHF currency pair, currently at 0.8832, is showing a bearish trend, suggesting that the US dollar is weakening against the Swiss franc. While the market has been moving slowly, there are several factors that could potentially lead to a...
Although traders are waiting for the levels from which the yen pairs can bounce down after this upward wave, the price of the pair on the 4-hour chart gives a new upward target, which is the weekly resistance level of 206.64. The price of the pair...
Understanding Spread in Forex Trading Forex trading involves buying and selling currencies, but have you ever wondered what the spread is and how it affects your trades? In this article, we'll break down the concept of spread in plain English. What...