Important Points about USDCAD: The USDCAD market is currently trading at the 1.4190 level, positioning itself within a crucial zone as market participants await key economic data releases. In the coming hours, the Canadian Unemployment and...
USD/JPY Technical Analysis: Right now, USD/JPY is trading around 148.50, and I’m seeing bullish momentum holding steady. The key support level is at 148.00, which aligns with the 50-day moving average. If the pair breaks below this, it could head...
Protecting Your Trades with Stop Loss: When trading, one of the most important things you can do is protect your trades with a stop loss. A stop loss is an order that automatically sells a security when it falls to a certain price. This helps limit...
Important points about EURUSD: We can see that sellers are becoming quite strong in the EURUSD market. The price action over the past few sessions has shown clear signs of a bearish trend, and it appears that the sellers are gaining control. This is...
The upcoming release of the US inflation data (CPI) and the Bank of Canada's (BoC) interest rate decision are expected to significantly impact the USDCAD currency pair's volatility. If the US inflation data exceeds forecasts, the USDCAD pair could...
