The EUR/JPY pair is showing signs that it might continue to go down. Recently, the pair has been closing consistently below the 171.20 level, and it even dropped to 170.90. This suggests that the market is still under bearish pressure. The...
USDCAD M5 A Formal Approach to USD/ CAD We are examining the dynamic pricing behaviour of the USD/ CAD currency pair in real time. We should focus on the current dynamics of the USD/CAD chart to understand potential movements. Recently, despite an...
Mastering the Inside Bar Candle: A Guide to Effective Trading Trading in financial markets requires a combination of strategy, analysis, and a keen eye for patterns. Among the plethora of chart patterns, the inside bar candle stands out for its...
On the diurnal map of AUDUSD, I see that this currency brace is in a sideways condition, with buyers stuck at resistance0.67024 and merchandisers stuck at support0.65779. In this situation, it appears that buyers are having difficulty breaking...
Previously, USDCAD experienced a very deep decline after the candle was unable to penetrate the supply area at the price of 1.3782. If I'm not mistaken it happened on Wednesday. The currency pair was able to fall by around 70-80 pips. However, after...