Fundamental Analysis On Friday, the Canadian dollar (CAD) made a meager comeback, rising from most of its major currency peers and recovering only a tenth of a percent against the US dollar (USD). The market is cautious due to an unexpected decline...
The USD/JPY pair has been trading within a specific range in recent times, fluctuating between support and resistance levels. However, the current market trends suggest the pair is poised to move downward, potentially breaking below the critical...
USD/CHF Hello. As far as the correlation is concerned, I am the first to see if there is any inconsistency in the correlation with the US Dollar Index, and indeed, while last Friday the US Dollar Index confidently moved north. On the other hand, for...
THINGS THAT YOU SHOULD REMEMBER BEFORE CREATING NEW THREADS Before creating a new thread, there are several things you should remember to ensure that your thread is effective and well-received by the community. 1. *Clearly define the purpose of the...
Price Action Analysis of GBP/USD 4H Chart Today, I will be dissecting the trend of the GBPUSD currency pair. On Friday, the GBPUSD pair moved downward. I had anticipated that the price would move upward, unfortunately, the price moved in the...