USD/CAD Price Action Overview The decline in Canadian GDP signaled concerns about a monetary slowdown, which weakened the Canadian dollar and provided additional momentum for the USD/CAD pair to rise. Meanwhile, the USD remained stable, supported...
Technical analysis 01 March 2025 GBP/USD H-1 On the GBP/USD pair, today the condition for the deal was met; the pair was able to break through the reversal zone on the M15 at 1.2607 on the rise, after which a buy order was placed, but we just...
Market Analysis of AUDUSD for March 3, 2025 In the provided analysis, we observe the price movement of the AUDUSD currency pair on an hourly (H1) chart. Current market conditions suggest that the sentiment among traders is leaning towards sellers,...
Trading Strategy for USD/JPY: Short Positioning As market dynamics continue to unfold, I am currently focused on shorting the USD/JPY currency pair, which is presently trading at the level of 150.169. Given the behavior of sellers in the market, I...
EUR-USD Technical Analysis H-4 Time Frame The price impulse has gone up on the four-hour chart for the EURUSD pair from the support level of 1.0360 and I am waiting for the price correction to stop going down. Next, I will highlight the three-wave...