Trade Plan - USD/CAD Currency Pair A trading strategy in the current market conditions is focused on the USD/CAD currency pair, with attention being paid to the potential breakout of the mirror support and what this may mean. Suppose the price...
The pair continues to exhibit a positive outlook, primarily driven by broader market conditions that favor the strength of the U.S. dollar. However, traders should remain cautious, as potential shifts in sentiment could arise from key economic data...
Technical Analysis: WTI Crude Oil On the technical side, WTI crude oil recently breached a vital downtrend line. The old resistance is at $70.70. This movement indicates a shift in market sentiment and may trigger a bullish momentum. Moreover, this...
The Federal Reserve's (Fed) upcoming release of the November Meeting Minutes is set to capture the attention of Greenback traders. Market expectations for a follow-up rate cut after the Fed's unexpected 50-basis-point (bps) reduction in September...
Technical Analysis of Crude Oil: 1-day chart: If we look at the price of crude oil on the daily chart, the price of crude oil is falling when seen on the daily chart. In this chart, I have taken help from the market structure, so I can see that...
