Forecast of USDCAD When the market opened on Monday, the USDCAD trading pair was opened in a wide bullish gap, as seen on the H4 time frame chart, since last Friday, just before the trading market closed, there was a lot of buyer pressure at the...
Euro does not pull your legs While Donald Trump supports discussions with tariffs, central banks actively work on maximum transparency in financial markets. By the end of the week, namely February 7, the European Central Bank will publish its...
The USD/CHF currency pair has broken through a bearish trend line and has also breached the 50-period Exponential Moving Average (EMA). However, the market is currently trading below this EMA, indicating bearish pressure. The Relative Strength Index...
Technical analysis of GBPCAD Today I choose GBP/CAD for technical analysis. The market price rises with the help of the trend line, but the market price breaks out of the channel and helps its price increase. After breaking out of the range, the...
Market Fundamentals: Federal Reserve Chair Jerome Powell has downplayed expectations of imminent rate cuts, citing economic resilience, a robust labor market, and persistent inflationary pressures. Powell emphasized that there are no urgent signals...