The USD/CAD pair is currently trading around the 1.39586 level, reflecting a bearish trend. This downward movement suggests that sellers are dominating the market, pushing the price lower. However, the pace of the market appears to be slow at the...
CRAZY-TRADER TRADING JOURNAL UPDATE ON GOLD If intraday its position still gets support above the SMA5 and SMA10 curves in the H4 time frame, then it has the potential to lead to the dynamic resistance of SMA50 and SMA200. Especially if it...
USD/CAD Technical Analysis: Right now, USD/CAD is testing the 1.3800 resistance level, consolidating with bullish momentum. It’s been hovering here for a bit, and I’m keeping an eye out for any strong moves. Key levels I’m watching: resistance...
Technical Analysis of Silver (XAG/USD) Silver, commonly denoted as XAG/USD in the forex and commodities markets, has been showing notable price movements recently. The metal, often perceived as a safe haven and hedge against inflation, is affected...
The precious metal prices have experienced a slight pullback for the fourth consecutive day, dipping to a five-week low of around $2,590 during the early part of the European session on Wednesday. Despite this recent dip, the outlook for metal...