I have been closely observing the AUDCAD pair, which has been moving within the boundaries of a wide sideways channel for the second week now. I notice that it has been unable to break out of this range, indicating a period of consolidation. I see...
Geopolitical tensions have lengthy been a prime source of instability in international financial markets, and their impact on forex fluctuations is substantial. Currency markets are noticeably sensitive to geopolitical risks because political...
The USDCAD H4 chart shows a strong uptrend that has been in play since late August, characterized by a series of higher highs and higher lows. However, recent price action indicates a shift in momentum as the pair has broken below the key support...
The USD/CHF currency pair experienced a rise to around 0.9045 during early European trading on Friday, driven by a resurgence in demand for the US dollar. This uptick in the dollar's value provided upward momentum for the pair. However, the...
TRADING CHART ON GOLD H1. Last Friday, gold prices experienced a significant decline, dropping below the psychological level of $2,900. This drop was driven by various investors and market participants engaging in profit-taking activities. However,...