The Canadian dollar is steady on Friday. In the European session, USD/CAD is trading at 1.3573 at the time of writing, up 0.12% today. In the data calendar, Canada released retail sales while the US had an unusually quiet day with no news. Canada's...
Trading using EA with HFM can be risky if not managed properly. While EAs can automate your strategy and remove emotional decisions, they’re not foolproof. Market conditions can change rapidly, and an EA programmed for one type of market might...
Silent Points of USDCAD: The current market of USDCAD is trading around the 1.3555 level. And, the buyers are increasing their value. The Washington trading session brings volatility for buyers. Recent US Federal Open Market Committee (FOMC)...
Market Analysis in Forex Trading Market analysis in forex trading is essential for making informed trading decisions. It involves studying and interpreting various factors that influence currency prices. There are three primary types of analysis in...
Important Points for GBPUSD: The market is trading at the 1.3276 level and the bullish concept is becoming strong today. Because the US dollar got weakness this week. For instance, traders who are long on the USD such as betting that the dollar will...