General Points about USDCAD: The Canadian dollar has performed strongly compared to the US dollar. The strength has primarily been driven by negative news events from the USA, such as the PPI and CPI data, which have weakened the US Dollar in recent...
EUR/USD Market Sentimental and Key Forecasts Today, the EUR/USD market price exhibits bullish momentum, trading at 1.03117. The EUR/USD market price tested the 20 simple moving average (SMA) on the H4 chart near the support level of 1.02600 and is...
USD/JPY: Bearish Momentum Continues In my article today, I aim to cover the latest price movements of the USD/JPY currency market. The USD/JPY H4 chart highlights a bearish trend as the pair trades below key moving averages. The price has broken...
In my personal opinion, the chart presented reflects a strong bullish momentum with notable fluctuations in volatility. The price action demonstrates a clear uptrend, characterized by higher highs and higher lows, signaling consistent buying...
EUR/USD: Simple Trading Tips for Beginner Traders January 16 (US Session) Analysis and trading advice for the euro For the first half of the day, there were no tests of entered levels, so I stayed out of trades. The Euro traded without any...