Market Analysis of USDCAD on March 3, 2025 The analysis of the USDCAD currency pair on March 3, 2025, reveals intriguing dynamics in the forex market, particularly when viewed through the lens of the H4 (4-hour) timeframe. In recent days, the price...
I wouldn't consider selling at your level. I have also drawn a Fibonacci retracement, and at 1.2655, there is a key hourly resistance level at 61.8%. However, if GBP/USD reaches that point, I will likely wait for a breakout rather than sell. I have...
Gold Market Analysis: XAU/USD Price Movement and Key Levels Gold (XAU/USD) has continued to exhibit volatility in the market, reflecting dynamic price movements influenced by economic data, global sentiment, and technical indicators. In today’s...
USD/CHF H1 Chart The USD/CHF market is currently downtrend, with the price trading at 0.90059. The price recently tested the resistance level at 0.90250 but could not move above it and started to decline. As a result, the market is moving towards my...
Have a nice day everyone! According to the analysis of the price chart on the M15 period, we see that the linear regression channel has a positive slope, which indicates the dominant influence of buyers in the market. This may create opportunities...
