According to my point of view, Last trading week, buyers were able to keep the USD/JPY pair within the upward momentum that started from the low of 151.30. On Friday, the price successfully consolidated above the key resistance level at MACD 154.95,...
The pair is trading at 161.19, which indicates a modest recovery after a sharp downtrend seen in recent sessions. The market experienced strong bearish pressure, as highlighted by the declining peaks and troughs, before consolidating near the...
Analysis of Current Price Behavior of the USD/CAD Currency Pair Understanding the present price behavior of the USD/CAD currency pair is essential to making prudent trading decisions. Indeed, the past weeks have seen some exciting movement of the...
Trade Plan - USD/CAD Currency Pair A trading strategy in the current market conditions is focused on the USD/CAD currency pair, with attention being paid to the potential breakout of the mirror support and what this may mean. Suppose the price...
Technical Analysis of Crude Oil: 1-day chart: If we look at the price of crude oil on the daily chart, the price of crude oil is falling when seen on the daily chart. In this chart, I have taken help from the market structure, so I can see that...