Forex Flat Wave and How to Utilize It Properly Forex trading involves various market patterns and strategies, one of which is the Flat Wave in Elliott Wave Theory. This pattern helps traders identify potential price movements and make informed...
USD/JPY As of today, USD/JPY is showing a clear downward trend, hovering around the critical 150.00 support level. This drop is largely driven by strong Japanese economic data and shifting market expectations regarding monetary policy. Fundamental...
February 21, 2025 The British Pound (GBP) has demonstrated notable strength against the U.S. Dollar (USD), with the GBP/USD pair trading around 1.2648. GBP/USD faces a pivot level at 1.2650 (Fibonacci 78.6% retracement of the latest uptrend). If the...
General Points about GBPCAD: Coincidentally, both the Canadian and UK Retail Sales rates will be released today. Reports measuring consumer spending and economic activity in both countries play a key role in market movements. A weaker-than-expected...
I believe that the AUD/CAD currency pair is currently in a consolidation phase, and I think this is evident from the price action observed in the last few hours of the trading session. I see that the pair has entered a flat range on the hourly...
