T E C H N I C A L _ A N A L Y S I S U S D / C A D I would explain recent price movements in the USD/CAD market. From a technical standpoint, USD/CAD is trading at 1.4358 at the time of writing. In the long term, USD/CAD is bearish now, while at the...
EUR/USD Technical Analysis: As of today, January 15, 2025, EUR/USD is trading around 1.0248, showing a slight increase of 0.04% from the previous close. I'm watching the pair closely as it's testing a critical support zone near 1.0230, which has...
TRADING CHART ON GBP USD H4. The GBP/USD chart presented showcases a clear downtrend over an extended period, with price action consistently remaining below the moving average (possibly the 50-period MA). The market dynamics indicate bearish...
•••GBP/USD: Caught in a Tight Range(January 15,2025)••• • The GBP/USD pair is currently caught in a narrow range, hovering around 1.2170 as traders wait for clear direction. The market has been somewhat stagnant, unable to make significant moves as...
In my opinion, the gold chart on the H1 timeframe reflects a dynamic market with multiple trading opportunities. The price movement within the Bollinger Bands, which expand and contract based on market volatility, provides a strong indication of...