The USDCAD H1 (hourly) chart currently presents a well-defined bearish structure that has persisted over the past month. The chart shows that after a relatively sideways and consolidative phase through the second half of March, the pair began a...
Forecast of Gold According to Gold's H4 time frame chart, the price has been declining since the day's beginning, and the last several candles are bearish. The last candle is a robust bearish pin bar candle, but the Gold is making a robust bearish...
The GBP/CAD pair is currently moving within a downward trend on the 4-hour timeframe, forming lower highs and lower lows, which indicates temporary selling pressure. However, looking at the broader picture on higher timeframes like the daily or...
I have closed all my previous purchases and currently have no open positions on this asset. I have observed that the price has broken through the previous maximum at 1.3205 and is now trading at 1.3249. I recognize that the price is positioned above...
Forecast of USDCAD Previously, the daily time frame chart showed a positive main trend. However, when buyers stopped responding, USDCAD engaged in range zone trading, which is characterized by trading along moving average lines. The USDCAD changed...