The USD/CAD currency pair, currently around the 1.3955 level, is experiencing a bearish trend, with slow but steady downward movement. This trend has been driven by several factors, such as the broader economic conditions and policies in both the...
Breakout Trading Strategy The Breakout Trading Strategy is a popular approach used by traders to capitalize on significant price movements. It involves identifying key levels of support and resistance, then entering trades when the price “breaks...
USD/ CAD: The Power of Price Action Ahead of the highly anticipated Federal Open Market Committee (FOMC) meeting, traders are cautious, and hesitant to make any aggressive moves ahead of this important event. The US Federal Reserve is widely...
The NZD/USD currency pair has recently been trading at 0.59275, and current market conditions suggest a bearish trend. As of now, the price is trending lower, which indicates that the New Zealand Dollar (NZD) is losing strength against the US Dollar...
CRAZY-TRADER TRADING JOURNAL UPDATE ON GOLD If intraday its position still gets support above the SMA5 and SMA10 curves in the H4 time frame, then it has the potential to lead to the dynamic resistance of SMA50 and SMA200. Especially if it succeeds...