USD/CAD Analysis: Consolidation Phase and Mixed Signals The USD/CAD currency pair is currently trading around the 1.3650 mark, where the market appears to be in a consolidation phase, striving to stabilize its position. However, when considering...
Market Analysis: EUR/CAD H1 - March 6, 2025 As we enter the European session on Thursday, the EUR/CAD currency pair is observed to be consolidating around its daily opening price of 1.5477. There have been no significant movements, suggesting that a...
USDJPY Technical Analysis USDJPY is in a strong bearish trend on the H1 timeframe, with the price trading at 147.570. The 150-period moving average (MA) is trending downward, confirming selling pressure. The price is significantly below this MA,...
Leverage is a powerful tool in forex trading, but it must be used wisely. While it can increase profits, it also comes with high risks. Successful traders use leverage cautiously, combining it with proper risk management strategies to protect their...
EUR/CHF Currency Pair Analysis Greetings, colleagues. I've been observing the EUR/CHF currency pair, and recently, it has shown a bullish trend on the daily chart. However, today I notice that the price is moving southward. It will be interesting to...