USDCAD Daily Time Chart Analysis The US dollar fell sharply against the Canadian dollar on Monday, hitting a 22-year low of 1.4792. The decline came after its peer currency pair managed to close above the previous high. Thus, its a signaling a...
AUDUSD AUDUSD outlook: The AUD/USD pair continues to struggle, with the Australian Dollar facing pressure due to domestic economic challenges and a strengthening US Dollar. The USD remains resilient, bolstered by the strength of the US economy and...
AUD/USD Analysis – Post-January 2025 Wave Structure Breakdown As January has come to a close, the daily (D1) chart shows that the downward wave structure has been breached. The latest growth wave has updated the previous wave's maximum. The MACD...
Understanding Doji Candlestick Patterns Introduction to Candlestick Charts Candlestick charts are a popular method for visualizing price movements in the stock market. They were developed by Japanese rice traders in the 18th century and have since...
NZD/USD is currently attempting to recover after a sharp decline, trading around the 0.5602 level. The pair recently rebounded from the 0.5520 area, which acted as strong support. The Bollinger Bands show increased volatility, with price movements...
