I am closely analyzing the current situation on the USD/CAD pair. The price has almost reached the support level at 0.8964, which I believe will most likely be tested soon. Although the 200-period moving average is positioned above the quotes,...
The MCAD strategy in Forex trading typically refers to a trading system that utilizes the MACD (Moving Average Convergence Divergence) indicator to identify potential entry and exit points. While no strategy can guarantee consistent profits due to...
GBP USD As of February 14, 2025, the British Pound (GBP) has demonstrated notable strength against the U.S. Dollar (USD), reaching levels not seen since December 2024. At 10:43 GMT, the pound was trading at $1.25775, marking a 0.1% increase for the...
The Relative Strength Index (RSI) is a popular momentum oscillator used in technical analysis to measure the speed and change of price movements. It ranges from 0 to 100 and is typically used to identify overbought or oversold conditions in a...
I believe the GBP/USD pair is at a critical juncture, with conflicting signals from technical and fundamental factors. From my perspective, the recent rally to 1.2550 and above reflects a combination of improved UK economic data and technical...
