I currently see a confident downward movement on the USD/CAD chart, and I believe that the overall direction of this trading instrument remains bearish. I am observing that the price is clearly moving to the south, and I consider the current...
USDCAD We observed a bearish triangle formation during Wave B, which is often seen as a consolidation pattern where the market is building pressure in a sideways movement before making a decisive move. This pattern was followed by a sharp and...
US Market News Digest for April 7 SP 500 futures hover at critical support: rebound or breakout? On April 7, futures on the SP 500 index approached the key support level of 4,953. Holding above this zone could pave the way for a rebound targeting...
Gold has collapsed to a three-week low On Monday, the price of gold dropped to its lowest level in the last three weeks in Asian trading. This happened against the background of the fact that investors began to get rid of their positions in order to...
EUR/USD TRADE REVIEW – LOSS | April 8, 2025 Not the outcome I hoped for on this one, but it’s part of the game. Earlier today, I took a EUR/USD long from 1.0927 with my stop at 1.0901 and target at 1.1051. The setup looked valid at the time on the...
