USD/ CADrice Action We are evaluating the current price action dynamics of the USD/ CAD currency pair. Last week, the Bank of Canada lowered the discount rate, leading to an expected USD/CAD exchange rate drop. However, the weakening of the Canadian...
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Forex Trading with Gold The analysis of gold price behaviour is currently under discussion. Following a brief downward correction, the exchange rate may strengthen on Monday. Even in the event of a minor downward correction from the current levels,...
Profitable Forex Trades: USD/ JPY We're studying the ongoing USD/ JPY currency pair price assessment. Fostering an upward trend scenario is crucial since no bearish signs are currently evident. Should an upward movement occur, aiming to surpass the...
Money Flow Index (MFI) in Forex Trading Introduction The Money Flow Index (MFI) is a powerful and versatile momentum indicator used by forex traders to gauge the strength of money flow into and out of a currency pair. Combining both price and volume...