On July 6, the live analysis of the USD/CAD currency pair revealed significant developments that could impact future price movements. The Commodity Channel Index (CCI) indicator crossed the red signal line, a key signal suggesting a potential shift...
Analyzing the AUD/USD currency pair through the lens of price action provides valuable insights into market dynamics and potential trading opportunities. This method focuses on the live movements of price, eschewing additional indicators in favor of...
### EUR/USD Chart Analysis The EUR/USD chart reveals several critical support and resistance levels that traders should pay attention to. The first significant support level is near the 50% Fibonacci retracement of the upward move from the 1.0916...
THE CURRENCY PAIR GBP-JPY On the studied chart, the selected asset currently shows a clear bullish mood, which can be easily identified using the Heiken Ashi candlestick indicator, which demonstrates a smoother and averaged value of price quotes,...
THE CURRENCY PAIR USD-CAD At the time of writing this post, the USDCAD currency pair, on the H1 chart, is flat and at 1.38321. The Instaforex indicator, which is on this forum, in the first part shows a slight advantage for buyers, in the range of...