Good morning, happy colleagues. Price movements in the previous session had a significant impact, although not perfectly as expected. However, this event provides a useful picture for directing today's trading strategy. The focus remains centered on...
Yesterday's trading was bullish until the middle lines of the price channels were touched, which led to the price falling and closing again below the red channel. When we follow the price movement during the previous two weeks, we will find that the...
ECB to devise perfect timing of cautious rate cuts Germany’s financial policymakers offered a curious metaphor for the ECB interest rates. They compared the cycle of the ECB monetary easing to descending a mountain. The key issue now is to devise...
Technical analysis of the USDCAD pair 4-hour chart The price of the pair began trading this week within the price triangle resulting from two channels, one bullish and the other bearish, representing the direction of price movement during the...
The AUD/USD currency pair, representing the exchange rate between the Australian Dollar (AUD) and the US Dollar (USD), is currently trading at approximately 0.6611. The current trend for this pair is bearish, indicating a decline in the value of the...