Analysis of USD/CAD Price Movement: As seen in the graph below, the direction of the USD/CAD movement will be determined by the breakdown of one of the key levels. Currently, the price has moved to the upside. However, it did not rise above the...
### EUR/USD Currency Pair Analysis The EUR/USD currency pair experienced a notable decline on Thursday, falling to a crucial support level of 1.0900. This downward movement is part of a broader trend driven by the strengthening of the US dollar and...
The GBP/USD currency pair experienced a day of volatile trading on Tuesday, fluctuating within a constrained range. Despite the absence of a clear directional trend, both fundamental factors and technical indicators appeared to favor a bullish...
GBP/JPY Analysis The 4-hour chart suggests a potential new uptrend for the GBP/JPY currency pair, with a weekly resistance level at 206.64. This week, the pair has been trading within rising price channels, which have been supportive of its upward...
Mastering Forex Market Psychology: Controlling Emotions for Better Trading Forex trading is as much a mental game as a technical one. Understanding market psychology and controlling your emotions are crucial to making rational decisions and...