From my perspective, this price action aligns with broader market dynamics that currently favor the strength of the U.S. dollar. The pair has been trading within a descending channel, with brief periods of consolidation and retracements offering...
USD / CAD: Trading Recommendation My recommendation for the USDCAD investors is going well in the market hitting the 1.4354 level yesterday. Today, I again recommend a sell entry with near a goal at 1.4332 assists. Also, the USDCAD Investors...
NZD/USD Price Movement Update This chart depicts the performance of the NZD/USD currency pair on the hourly (H1) time frame. The price action is mostly bearish, as indicated by the consistent formation of lower highs and lower lows over the past...
T E C H N I C A L _ A N A L Y S I S U S D / C A D Hello, my dear forex traders. How are you today? I chose USD/CAD for today's technical analysis. Currently, the market price of USD/CAD is floating around the 1.4354 zone. The hourly chart is still...
Marubozu Candlestick Chart Pattern The Marubozu Candlestick Chart Pattern is a popular chart pattern used in technical analysis to identify strong market sentiment, either bullish or bearish. The term "Marubozu" originates from Japanese and means...
