CAD/JPY,H1 The CAD/JPY currency pair is currently trading at 110.256, reflecting a situation that has caught the attention of many market participants. Presently, the market sentiment surrounding this pair is predominantly bearish. This bearish...
USD/CAD ANALYSIS JULY 27, 2024 On the weekly chart above, the price cluster appears to be approaching the green rectangle resistance zone in the range of 1.3875 - 1.3976, where in the previous breakout attempt, buyers were only able to hold on to...
EUR/JPY/M30/ 164,778. The EURJPY currency pair with the M30 timeframe already has a good signal, it's time to do an analysis. The increase in the price of EURJPY is higher than the resistance, indicating that buyers have dominated the market. The...
The market has taken a bearish turn, and a downward channel has opened up, indicating that sellers are currently dominating. As the downward momentum continues, I expect that the price will decline to the 157.515 level. This specific level is...
Understanding Spread in Forex Trading Forex trading involves buying and selling currencies, but have you ever wondered what the spread is and how it affects your trades? In this article, we'll break down the concept of spread in plain English. What...