I begin by acknowledging the conclusion of the trading week and the importance of reflecting on market dynamics to prepare for the upcoming sessions. I observe that price action on the USD/CAD pair has unfolded largely in line with my earlier...
The GBP/USD pair has continued its upward trajectory, breaking through the 1.2600 level for the first time since December, driven by a weakening US Dollar. The Greenback has faced sustained selling pressure, particularly after disappointing US...
The Bitcoin (BTC/USD) H1 chart exhibits a period of consolidation after experiencing a strong downtrend in late January and early February. The current price is around 97,055, with the market moving sideways within a tight range. Bollinger Bands are...
The USD/JPY pair has extended its decline, trading near 152.60 during Friday’s European session, as the US Dollar (USD) continues to underperform against its major counterparts. This downward pressure on the Greenback is largely attributed to a...
The USD/CHF chart on the H1 timeframe shows a recent downtrend, with the price currently hovering around 0.8992. The Bollinger Bands are visibly widening, indicating increased volatility. The price recently touched the lower band and is now...