How to Trade Based on Fundamentals: Introduction Trading based on fundamentals involves analyzing the economic, financial, and other qualitative and quantitative factors that influence the intrinsic value of an asset. Unlike technical analysis,...
USD/JPY H-1 USD/JPY. Hello! Stochastic doesn't mean much on its own, but even more so with the bearish daily candle and bearish volume diversion on the 4-hour chart, it's something. But this is not a bearish and sell signal. My guideline is the...
The British pound (GBP) took a tumble against the US dollar (USD) early on Thursday, after flirting with a three-month high. This decline comes despite ongoing weakness in the dollar. The dollar's woes stem from disappointing US inflation data. The...
Daily time frame chart outlook: The AUDUSD price activities were generally in a bullish trend earlier, but they tested the overbought level, which is why the price fell in response to the adjustment. The price has been moving in a descending channel...
T E C H N I C A L _ A N A L Y S I S U S D / C A D Hi, I will evaluate the performance of USD/CAD in the upcoming trading sessions. Let's assess the behavior of the price of USD/CAD. USD/CAD is trading at 1.3731 at the time of writing. This time...