The USD/CAD H1 chart exhibits a notable price movement pattern, transitioning from a period of low volatility to a sharp price spike followed by an equally fast retracement. Initially, the price moved within a tight range, indicating a phase of...
The Dollar Index (ICE) is currently positioned for a potential rally, provided it maintains support above the critical pivot level of 106.2000. This key threshold will determine whether the ongoing bullish momentum can persist or if the index is at...
market has developed successfully, and I can now see that the initial confusion I experienced has given way to a clearer understanding of the situation. I observe that the trend has reached a logical point at the resistance level, which is directed...
Technical Analysis: EUR/USD wobbles around 1.0500 EUR/USD retraces below 1.0500 on Wednesday as the US Dollar gains amid a strong recovery in US bond yields. Republicans-controlled House of Representatives passed a $4.5 trillion tax cut plan on...
Market Fundamentals: The Federal Reserve (Fed) has decided to cut interest rates by a quarter point in its latest meeting but revised its outlook for 2025, now projecting only two rate cuts instead of the previously anticipated four. This shift in...
