USD/CAD technical analysis Daily time frame: As I observed through the daily time frame, after experiencing an upward trend for three consecutive days, the USD/CAD pair finally started to experience a downward trend last Friday. The seller's next...
WHAT IS A HARAMI CANDLESTICK? A harami candlestick is a pattern I frequently look for in my technical analysis when trading, especially on Japanese candlestick charts. The term "harami" comes from the Japanese word for "pregnant," which perfectly...
The spot price began in October with a slight decline, trading around 1.3055, down by 0.32% during the North American session. With US financial markets closed in observance of Labor Day, the session is expected to remain quiet. Traders are eyeing...
The GBP/USD currency pair has recently been under intense scrutiny as it approaches key resistance and support levels. The current market sentiment leans bullish, suggesting that traders should focus on potential upward movements while remaining...
The pair could also retrace toward 1.0945, where resistance was seen yesterday. Alternatively, we might see a deeper correction, pushing the price back to the 1.0880 level, which was not thoroughly tested during yesterday's session. In either case,...