Technical Reference: buy as long as it is above 1.27205 Resistance 1: 1.27745 Resistance 2: 1.27855 Support 1: 1.27205 Support 2: 1.27065 GBPUSD was able to rebound from the weekly low level to break out the bearish channel , the potential increase...
USDJPY The USD/JPY pair ended last Friday at 157.38, marking a significant movement on the H4 chart. This weekend break offers a moment to analyze last week's price action and prepare for the upcoming trading sessions. Key Levels and Market...
USD-CAD PAIR ANALYSIS Previously, USDCAD experienced a very deep decline after the candle was unable to penetrate the supply area at the price of 1.3782. If I'm not mistaken it happened on Wednesday. The currency pair was able to fall by around...
What is Pivot point in Forex Trading? Detailed Calculation of Pivot Points Pivot points are derived from the previous day's high, low, and closing prices. Here's a step-by-step breakdown of their calculationivot Point (P)=High+Low+Close3P =...
USD/CAD: The Canadian dollar exhibited a mixed performance by the end of the week, clawing back some ground against most major currencies but showing only minimal gains against the US dollar. This behavior reflected the overall cautious sentiment in...