In my opinion, the EUR/USD hourly chart exhibits a mix of consolidation and gradual bearish sentiment, with intermittent attempts by bulls to regain control. The overall structure of the market suggests that it is in a transitional phase,...
USD/CAD Market Sentiment and Analysis The USD/CAD market is bullish, trading near 1.43670. Today’s economic data includes Core Retail Sales (MoM), Retail Sales (MoM), and Initial Jobless Claims in the US, significantly impacting the USD/CAD price...
EUR/USD Market Sentimental and Key Forecasts Today, the EUR/USD market price exhibits bullish momentum, trading at 1.03117. The EUR/USD market price tested the 20 simple moving average (SMA) on the H4 chart near the support level of 1.02600 and is...
EUR/USD: Simple Trading Tips for Beginner Traders January 16 (US Session) Analysis and trading advice for the euro For the first half of the day, there were no tests of entered levels, so I stayed out of trades. The Euro traded without any...
In my opinion, the USD/CAD hourly chart indicates a market environment that is gradually transitioning from consolidation to bullish momentum. The price action shows a consistent upward bias with periods of sideways movement, suggesting a balanced...