The EUR/USD currency pair is currently trading around 1.11225, and the market trend appears to be bearish. The price action indicates a gradual decline, with selling pressure outweighing buying interest. While the market has been moving slowly,...
USD/CAD Technical Discussion The previous day, I made a trading plan for the USD/CAD market. As discussed yesterday, I plan to open a buy position once the price enters the demand zone. However, the USD/CAD price broke through the demand zone, so a...
Eurusd Technical Analysis: H4 Timeframe Analysis: Over the past week, the four hourly chart of the euro-dollar exhibited limited movement. The week started with a range on Monday, which continued into Tuesday. On Wednesday, the price began to...
An Extensive Overview of the US Dollar Index The US dollar index has exhibited a dynamic price movement recently, starting with an initial weakness that quickly reversed due to significant investor participation. Initially, the index dropped below a...
The GBP/USD currency pair is currently trading at 1.30705, showing a bearish trend. This suggests that the British pound is losing value against the US dollar. The recent decline in the exchange rate could be attributed to various factors, including...