Recent Strong Bullish Momentum in USD/CAD The USD/CAD currency pair has demonstrated significant bullish momentum in recent days, with buyers successfully crossing the critical level of 1.4400. This development indicates a favorable market sentiment...
USD / JPY: An Hourly Time Frame Road Map This overbought level of 157.26 indicates that the bears or sellers will likely pull back, as the market reaches a point of resistance. The price has pushed too high without a clear retracement, and sellers...
Shooting Star Candle in Forex Trading A Shooting Star is a bearish candlestick pattern that signals a potential reversal in an uptrend. It is a visual representation of rejection of higher prices and is often used by traders to identify selling...
•••USD/JPY: What’s Happening in the Markets Right Now?(January 6,2025)••• • Right now, all eyes are on USD/JPY. The pair has been bouncing around, and today it’s sitting at around 157.72. With so much happening behind the scenes in both the U.S. and...
•••USD/CHF: What’s Moving the Market Today?(January 6,2025)••• • As the new year kicks off, the USD/CHF pair is holding steady around 0.90946, up by about 0.12% in the past 24 hours. For traders, this gives us a chance to dive into what’s happening...
