Volatility in USD/CAD Exchange Rate The USD/CAD currency pair has recently experienced significant volatility, primarily due to the introduction of new tariffs on Canadian imports by the U.S. government. Impact of Tariffs On January 31, 2025, the...
Current Market Situation of EUR/USD The EUR/USD currency pair is currently presenting an intriguing scenario on its H1 chart. The price is trading between a support level at 1.0310 and a resistance level at 1.0380. This price action indicates that...
The EUR/USD H1 chart shows a complex interplay between key technical indicators, reflecting recent price action dynamics. The Bollinger Bands indicate volatility expansion following a prior period of contraction, suggesting that price action may...
I believe that the current market scenario for EURUSD is quite intriguing, especially when analyzing the recent price action. I observe that Friday’s session closed with a bearish candle, but I notice that it is entirely engulfed within the larger...
Piercing line Candlestick Chart Pattern The Piercing Line is a bullish candlestick reversal pattern that appears after a downtrend and signals a potential shift in momentum from bearish to bullish. It consists of two candles: Characteristics of the...
