USD/CAD: This week, the USD/CAD currency pair mostly moved sideways, with little significant movement. However, on Wednesday, important news about the US dollar caused the pair to drop to a support level of 1.36950. After hitting this level, the...
If we lose touch with the GBP/USD currency pair, the market is likely to be pushed downwards, presenting a great opportunity for sellers. Several factors contribute to this potential decline, indicating that the market could reach 1.2780 in the near...
The USD/JPY currency pair has been closely watched by traders and investors, particularly in recent sessions. At present, I am not considering entering the market due to current price levels. My strategy involves awaiting a clear signal,...
Formal Approach to USD/ CAD We are examining the dynamic pricing behaviour of the USD/ CAD currency pair in real time. We should focus on the current dynamics of the USD/CAD chart to understand potential movements. Recently, despite an upward trend,...
The wave structure for this older period still shows an upward trend, but the MACD indicator is already declining within the lower sell zone and below its signal line. The MACD indicator shows a significant bearish divergence, even though it has...