Currently, the price action appears bearish on the H1 timeframe, as the USDJPY market is trading below the 100-period moving average (MA). In the previous trading session, the price managed to break above this moving average, but the current market...
Technical analysis of Crude oil Today I choose crude oil for technical analysis; all market prices are currently in an uptrend, which is helping prices move higher within the channel. Crude oil prices are currently hovering above support and...
Time Frame In Forex trading, the time frame refers to the duration of each candlestick or bar on a price chart. Traders use different time frames depending on their trading style and strategy. Below are the main time frames used in Forex trading:...
As of March 4, 2025, the exchange rate for the US Dollar to Canadian Dollar (USD/CAD) has been experiencing notable fluctuations, with the Canadian Dollar (CAD) trading within a range of 170 pips. Ultimately, the CAD managed to stabilize above the...
AUD/USD Market Action: Key Drivers and Trading Signals(March 4,2025) Trade Tensions Spark Volatility Fresh trade restrictions out of the U.S. are shaking things up. A 25% tariff on Mexican and Canadian goods and a 10% hike on Chinese imports is set...