USD/ CAD Price Action Let's discuss the current pricing behavior of the USD/ CAD currency pair, which is the focus of our analysis. Today, the USD/CAD price is expected to move downward, reaching approximately 1.4371. However, indicators in shorter...
Morning Star Chart Pattern The Morning Star is a bullish reversal candlestick pattern that typically appears at the bottom of a downtrend, signaling a potential upward reversal. It consists of three candles: First Candle (Bearish) – A long red...
The GBP/NZD pair currently presents a bearish outlook, with the technical configuration firmly suggesting a downside move in the range of 129 to 173 pips. The pivot point at 2.2175 is acting as a strong resistance level, and as long as the price...
AUD/USD H-4 Time Frame Analysis The movement of the AUDUSD currency pair this week still tends to be in a bullish trend and this condition has occurred since last night. The price increase is very wide in range from level 0.6091 to level 0.6240,...
Have a nice day everyone! Let's look at the M15 chart. It shows a linear regression channel, which indicates the strength of buyers and the upward trend. The market is moving towards the upper boundary of the channel at 1.25037. To open a position,...