On Monday the 28th, there are 3 full working days left until the close of the April candle. This is essentially the time for the formation of the body and upper shadow of the MN candle. The analysis of the construction of the April candle shows...
Good Morning Traders, I hope everyone had a refreshing weekend, filled with time to recharge and reflect. Last week was a journey of its own — I encountered challenges, made some mistakes, but importantly, I walked away with new lessons that have...
Euro/US Dollar Shows Signs of Potential Downturn The daily chart for the Euro against the US Dollar (EUR/USD) presents an interesting picture for traders to consider. As of the latest data, the pair is trading around the 1.13619 level, having...
The euro experienced a weakening of its upward momentum during the early hours of Friday's European trading session, settling around the 0.8530 level against other major currencies. This slight loss of traction coincided with a notable strengthening...
Technically, AUDCAD has repeatedly failed to break and stay above the upper Bollinger Band, indicating fading bullish interest. Frequent rejections at key resistance areas, along with sustained closes below the 9-period moving average, emphasize the...
