USD/CAD Trend Analysis Update Today, we'll discuss analyzing the USD/CAD currency pair's price movements. A false breakout occurred at 1.3796, signalling that a further decline is likely to follow. The price will likely break above 1.3799 and stay...
WHAT IS THE MONEY FLOW INDEX ? Money Flow Index (MFI): A Comprehensive Guide *Introduction* The Money Flow Index (MFI) is a technical analysis indicator developed by Gene Quong and Avi Gilburt in 1993. It measures the flow of money into and out of a...
The pair is showing softer bullish momentum, hovering around the 1.3830 level during early Tuesday’s Asian session. However, the market remains cautious as traders brace for significant events that could impact the pair's movement. One of the...
GBP/USD technical analysis I hope all of you are doing well. GBP/USD reached 1.3055 on Friday after finding a few buyers. The pair started the day with a down gap, but bullish rallies continued despite the decline. There is something peculiar and...
The currency pair continued its downward trend for the second consecutive day on Tuesday, trading near the 1.3060 level during the European session. The decline was primarily driven by the strengthening DXY, bolstered by recent US labor market data....
