The precious metal showed a bearish trend after reaching new all-time highs during European trading hours on Friday. At present, the yellow metal is trading around the $2,380 mark as investors adopt a wait-and-see approach ahead of the highly...
GBPCAD TRADING ANALYSIS The GBPCAD pair price during this week tends to move sideways/ranging because the price fluctuates between the pivot point (PP) 1.7743 and the resistance (R1) 1.7802. There is no significant progress for the price to...
Gold peaked at 2,483 last business week and fell sharply, giving up most of the previous day's weekly gains. The price briefly dropped below the pivot level of 2407 but then started trying to recover while remaining within the signal zone. So, the...
Monitoring and analysis of the trading situation for the Euro/Canadian Dollar currency pair. The analyzed timeframe is 4 hours. The Extended Regression StopAndReverse linear regression indicator, in combination with confirmatory readings of the RSI...
Although traders are waiting for the levels from which the yen pairs can bounce down after this upward wave, the price of the pair on the 4-hour chart gives a new upward target, which is the weekly resistance level of 206.64. The price of the pair...