The EUR/GBP hourly chart illustrates a market that transitioned from a downtrend to a period of consolidation, followed by a sharp breakout to the upside. Observing the price action, the initial bearish trend between December 13 and December 19 was...
I am analyzing the Australian dollar/US dollar pair on the 4-hour chart. I see that the pair was trading within a gray range, and I noticed a volume for purchase near the lower boundaries. I assumed at that time that the pair would return to the...
The NZD/USD currency pair is facing significant challenges as reflected in its recent movements on the 4-hour chart. After bouncing off the critical long-term support zone between $0.55 and $0.56, the pair climbed to test resistance at the upper...
Today, the USD/CAD pair continues its uptrend for the fourth day in a row, driven by sustained demand for the US dollar. The U.S. dollar index, which tracks the dollar against a basket of currencies, is nearing a two-year high, supported by hawkish...
#USD/CAD H4 US Dollar - Canadian Dollar. Have a nice day and lots of profit everyone! At the moment, my trading strategy based on combine Heinen Ashi, TMA and RSI indicators tells me it is high time to sell the currency pair/instrument, since the...