On Friday, the trading session was characterized by significant market activity, primarily driven by the latest news developments affecting the Japanese yen. The most notable event was the release of Tokyo’s Consumer Price Index (CPI) data, which...
The AUDCAD pair on the 1-hour timeframe is showing a weakening bullish momentum. After failing to sustain gains near the upper Bollinger Band, price action has started to compress and slip lower. Recently, the price attempted to push upward but got...
USD/CAD Analysis – 45-Minute Timeframe The USD/CAD pair is showing a measured but cautious tone today as it moves within a narrow range on the 45-minute chart. Currently, the first key support is established at 1.38417, followed closely by the...
Starting today, I am implementing a focused trading approach specifically for the GBP/USD currency pair. My strategy is rooted in technical analysis and disciplined risk management principles. After analyzing recent market movements, I have...
The Australian dollar (AUD) has experienced another day of gains against the US dollar (USD), continuing its upward trend observed on Friday. This positive movement in the AUD/USD currency pair was primarily driven by encouraging news reported by...