Technical analysis is an essential aspect of forex trading, allowing traders to forecast market behavior based on historical price movements and technical indicators. In this USD/CAD H1 chart, the Bollinger Bands are a primary tool for assessing...
USD/JPY hovers near 158.00 as it retreaces due to US economy creating 256,000 jobs last month, surpassing the forecasts. The US unemployment rate drops to 4.1%, with average hourly earnings slightly decreasing, influencing Fed rate cut projections....
The USD/CAD pair has demonstrated a range of price behaviors over the observed period, providing valuable insights into market dynamics. On the H1 timeframe, the price action reveals a clear cyclical movement of highs and lows, suggesting...
Technical analysis is like an art there are some rules how should you act but what I like about is a room for freedom you can modify and adapt even ordinary tools according to your needs and...
EUR/USD stays under bearish pressure and trades below 1.0300 in the American session on Friday. The US Dollar benefits from the upbeat jobs report, which showed an increase of 256,000 in Nonfarm Payrolls, and forces the pair to stay on the back foot...
