The Absolute Strength Index (ASI) Oscillator is a technical indicator used in forex trading (and other markets) to measure the strength and direction of market trends. It was designed to enhance trading decisions by combining elements of both...
The Australian Dollar (AUD) weakened significantly against the US Dollar (USD) on Friday, plunging to approximately 0.6180 during the North American trading session. This sharp decline coincided with a resurgence of the US Dollar, which had been on...
Markets are fully pricing in at least a 25 basis point (bps) rate cut by the Federal Reserve at its next meeting, with the probability of a 50 bps cut slightly easing to 29.0% from 30.0% a week earlier. Alongside the Fed’s anticipated policy move,...
Weekend Greetings and Market Anticipation Hello dear friends! Happy weekend! I hope you all are doing well and eagerly waiting for the market to open. Forex traders are always anxious for the market to be active, as we never like to see it closed....
The USD/CAD pair on the H1 timeframe is demonstrating a clear bullish trend, characterized by a consistent pattern of higher highs and higher lows. This upward momentum is supported by the price trading firmly above key moving averages, reflecting...
