USD/CAD Market Outlook Greetings and Good Morning to Everyone! The Canadian CPI rate was negative side yesterday. Therefore, the sellers are losing their value. So, the buyers of USD/CAD will remain stable and can break the resistance zone of 1.3645...
EUR/USD Market Outlook Good Morning and have a profitable Wednesday! Yesterday, the German ZEW Economic Sentiment couldn't help the buyers of EUR/USD. Therefore, the market remained around the 1.1125 zone. Today, the high-impact news events will...
The price has recently seen a notable shift against the US Dollar, with the pair trading close to 1.3140. This upward momentum follows a recent low of 1.2666, marking a significant rebound. The trend reversal is attributed to a positive divergence...
AUD/USD Market Outlook Greetings and Good morning to everyone! Yesterday, the US Retail Sales rate could have been good to help the US traders. Therefore, the market of AUD/USD will remain buy side. Also, the release of Building Permits data is a...
Engulfing Patterns : The Engulfing patterns is formed by tow candles, where the Body of the first candle is engulfed by the body of 2nd candle. Engilfing pattern provide an approach for traders to enter the market in anticipation of a possible...