The USD/CAD exchange rate, currently at 1.3740, is in a bearish trend, reflecting a decline in the value of the US dollar against the Canadian dollar. This downward movement suggests that market sentiment is currently favoring the Canadian dollar....
GBPJPY H4 The UK GDP will help the buyers to cross the 200.76 zone in the coming hours. Yesterday, the UK Prelim Count Changes and Average Earnings were also better than expected and supportive for the buyers. As a result, I expect that the market...
Technical analysis involves studying historical price data to forecast future price movements. One of the primary tools used in technical analysis is chart patterns. These patterns form due to the price action of a currency pair and can signal...
T E C H N I C A L _ A N A L Y S I S A U D / U S D Hello, in this article, we will take a closer look at the evolution of the price of AUD/USD. Let's see how AUD/USD performs in the next trading session. AUD/USD is trading at 0.6615 at the time of...
Yesterday, the EUR/USD saw a minor pullback southward before reversing and confidently pushing north, forming a full bullish candle. This candle, with its northern shadow, managed to update the high of the previous daily range. I believe that the...