I am currently anticipating a northern rollback on the USD/CAD pair, which is why I decided to enter with a risk-to-reward ratio of 2 to 1, aiming for a controlled and calculated trade. I believe that despite the short-term setup, the broader...
The New Zealand Dollar (NZD) showed unexpected strength, breaking above the previously projected resistance of 0.5760 to print a high of 0.5764. While the bullish momentum remains intact, technical indicators now signal overbought conditions on...
GBP/USD Market Analysis: A Bullish Outlook The British Pound has shown significant strength against the US Dollar (USD) in the past sessions, as highlighted in the hourly candlestick chart. The pair has closed at 1.30887, registering an increase of...
Mass Index The Mass Index is a technical indicator developed by Donald Dorsey. It is primarily used to identify potential trend reversals by analyzing price range expansion, rather than direction. While it doesn't indicate the direction of the...
USD/JPY Technical Analysis: Short-Term Downtrend with Bearish Signals The USD/JPY pair has exhibited a downward trend, as depicted in the 4-hour chart. Currently trading at 143.472, the pair shows a decline of 0.67% in value, reflecting bearish...
