•••USDC Market Update: A Snapshot of Stability November 23,2024••• USD Coin (USDC) continues to stand as a reliable stablecoin for traders and institutions. With its peg to the US dollar, USDC offers unmatched stability in the often-volatile...
EUR/USD Currency Pair Technical Analysis: Recently, on a technical basis, the EUR/USD pair has broken below key supports, indicating a robust bearish market trend. Further, the 100-day and 200-day EMAs are trending lower, reflecting the bearish...
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...
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,...
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...