The USD/CAD pair has demonstrated a range of price behaviors over the observed period, providing valuable insights into market dynamics. On the H1 timeframe, the price action reveals a clear cyclical movement of highs and lows, suggesting...
EUR/USD Market Outlook Greetings and Good Morning to everyone! The buyers of EUR/USD shouldn't be losing their value consistently. However, It is time to come back and they can cross the 1.0300 zone this week. Moreover, the CPI, which measures the...
The AUD/USD pair on the H1 chart is currently in a consolidation phase, reflecting market indecision. The price has been fluctuating within a defined range, with neither buyers nor sellers managing to establish a dominant trend. This range-bound...
EUR/USD stays under bearish pressure and trades below 1.0300 in the American session on Friday. The US Dollar benefits from the upbeat jobs report, which showed an increase of 256,000 in Nonfarm Payrolls, and forces the pair to stay on the back foot...
Technical analysis is an essential aspect of forex trading, allowing traders to forecast market behavior based on historical price movements and technical indicators. In this USD/CAD H1 chart, the Bollinger Bands are a primary tool for assessing...
