Trade Wars Return: How Traders Can Profit from Market Chaos In early February, the U.S. stock market faced pressure following the announcement of new import tariffs by President Donald Trump. This decision to impose duties on goods from key trading...
During Tuesday's Asian session, the USD/CAD pair draws some dip-buying around the 1.4385 zone. It stopped the steep decline in the previous day's retracement from its highest level since April 2003. Several reasons drive the upward movement,...
USD/ CAD Price Action Let's discuss the current pricing behavior of the USD/ CAD currency pair, which is the focus of our analysis. Today, the USD/CAD price is expected to move downward, reaching approximately 1.4371. However, indicators in shorter...
The GBP/USD H1 chart presents a dynamic market structure, with notable price action movements around key levels. The price is currently trading around 1.2431, which serves as an important pivot zone. The red moving average, likely a 50-period simple...
The previous resistance area around 1.2505 has now transformed into a support level, providing a solid foundation for further bullish activity. The formation of bullish candles near this demand zone suggests that the buying pressure is likely to...