The Canadian dollar (CAD) faced renewed pressure last week as Bank of Canada (BoC) Governor Tiff Macklem provided a cautious yet open-ended stance on monetary policy. While Macklem acknowledged that Canada’s economy was on a more stable footing,...
USD/JPY: Simple trading tips for beginners on February 24th. Analysis of shops and business tips for Japanese yen The price level of 150.18 occurred when the MacD indicator began to move down from the zero brand, which confirmed that it was a good...
Pipe Tops and Pipe Bottoms Candlestick Chart Patterns Candlestick chart patterns are widely used by traders to predict market movements. Among them, Pipe Tops and Pipe Bottoms are reversal patterns that signal potential trend changes. These patterns...
GBPUSD Technical Analysis GBPUSD is currently trading around 1.2630 on the daily timeframe, showing a bullish push towards a critical resistance level. The price is above the 70-period moving average, confirming short-term bullish momentum. The RSI...
USDJPY Daily Time Chart Analysis After touching a two-and-a-half-month low of 148.85 today, the USD/JPY pair is aiming to recover losses from the previous session. Despite the current increase, the overall trend is weak as the pair has been in a...
