The Bank of Canada (BoC) has officially ended its quantitative tightening program, joining Sweden’s Riksbank in implementing a rate cut. Meanwhile, other central banks, including the European Central Bank (ECB), are expected to follow suit with rate...
GBP / CAD: An Hourly Time Frame Recommendations The Canadian Dollar is not weak enough against the Great British Pound, which has limited the bullish momentum in recent sessions. A lack of sufficient weakness in the CAD has played a significant...
The analysis of the EUR/USD pair is one of the most important topics in the forex market, especially after this pair experienced some significant changes recently, which have caught the attention of both traders and investors. Currently, there are...
Trading with Crude Oil Prices Let's discuss the current price behavior analysis of Crude Oil. The chart of the quote shows a steady downtrend, confirmed by the sharp price decline last week. After a rebound from the 200 SMA, the price fell by more...
The daily chart of the AUD/USD pair shows that over time a complex trend structure is formed, in which a clear downtrend is transferred to a consolidation phase and then an attempt is made to reverse it. Initially, the prices showed a strong...
