Trading Signals in USD/ CAD In our discussion, we are currently analyzing the USD/ CAD currency pair's present pricing behaviour. I am looking at the current price position, and I want to trade for profit against higher prices. I expect that...
The pound gained strength against the dollar in yesterday's trading session, and the GBP/USD pair is now positioned above its daily pivot level. This setup suggests that today's most viable trading option is to consider buying, especially if the...
t's the middle of the week; let's look at the D1 period chart for the USDCHF currency pair. Here on this daily chart it is clear that for more than a month the price of this currency pair has been moving in a rather narrow sideways range for a daily...
The USD/JPY pair has indeed shown a strong bullish trend for a while, but the resistance at 149.96 seems to be a critical level that is holding it back. A break above this level could signal a more aggressive upward movement towards 150.64. If we...
What is a Marubozu Candlestick? A Marubozu candlestick is one of the patterns I often look at in technical analysis because it gives a clear indication of market momentum. What makes it stand out is the lack of wicks (or having very small wicks),...