I highlighted the 1.0710 level in my morning forecast and planned to make entry decisions based on it. Let's look at the 5-minute chart and see what happened there. The rise and formation of a false breakout at that level gave a signal to sell the...
A Formal Approach to USD/ CAD We are examining the dynamic pricing behaviour of the USD/ CAD currency pair in real time. We should focus on the current dynamics of the USD/CAD chart to understand potential movements. Recently, despite an upward...
The USD/JPY currency pair has several important resistance and support levels that traders should closely watch. Currently, the high resistance level is 157.13, with another significant resistance at 155.76. These levels have proven to be strong...
GBP/ USD: The Language of Price Movements The analysis of the GBP/ USD Currency pair's price action will be the main topic of our conversation. Yesterday, the daily chart indicated a strong sell signal for the GBP/USD currency pair, showing a...
Fundamental Analysis On the opening day of a new week, the gold price (XAU/USD) needs to build on Friday's gains and draw new sellers. Throughout the Asian session, the commodity maintained its offered tone; it is presently trading below $2,325 and...