The initial feelings in the market for USDCAD might assist the buyers in recovering their losses from recent days. Therefore, these buyers may enter the market aiming for a target near the 1. 3877 support level. Additionally, the strong activity in...
Inflation means that prices are going up. When inflation rises, each unit of currency buys fewer goods and services than it did before. For example, if inflation in a country is 5%, something that cost $100 last year will now cost $105. While a...
Let’s take a closer look at the D1 timeframe chart for the EURUSD currency pair. Most of April has gone by, and buyers are taking charge in the market. The wave pattern is still developing in an upward trend, and the MACD indicator is climbing in...
USD/CHF USD/CHF is holding steady around 0.8940 this morning, after consolidating for a while. The pair’s been supported by the strength of the U.S. dollar, but it’s not making much headway as the Swiss franc remains fairly resilient due to its...
The EURUSD family chart paints a compelling picture of the market moving from a long-term downtrend to a clear uptrend, indicating major structural changes. The trend was downward, showing a series of lower highs and lower lows, and this continued...
