USD/CAD USD/CAD Price Forecast: Trades Downward Amid Warning Ahead of The BoC Monetary Policy Meeting Key Analytics: USD/CAD slides to near 1.4400 amid weakness in the US Dollar. US President Trump’s tariff agenda has prompted uncertainty over the...
Traders enter positions when the price breaks key support or resistance levels High momentum is needed for this strategy to be effective.Intraday forex trading offers exciting opportunities for traders seeking quick profits through short-term price...
Hello, Elena. Yesterday, sellers tried to form an exit from the local sideways downwards on Gold, but buyers did not let them go too far and returned the price back to the consolidation area today. Now, in order for them to continue developing the...
USDJPY Trading Analysis The USDJPY pair is trading at 147.34, showing signs of consolidation near a critical resistance level. The Relative Strength Index (RSI), a key momentum indicator, hovers around the mid-range, suggesting neither overbought...
EUR/USD Technical Analysis: Looking at the EUR/USD pair today, I’m seeing a neutral to bearish tone on the 4-hour chart. The price is still below the 1.0700 resistance level, which has been tested a few times this week. If it can’t break above this...
