USD/CAD Daily Time Frame Chart For almost three months now, the price has been moving sideways, and the bears could not break the rising wave structure. A decline could occur when the price tested the horizontal support level of 1.3589. For several...
The currency pair is currently exhibiting bullish momentum, trading within an ascending channel. While the upward trend remains intact, the pair faces significant resistance levels that could potentially cap further gains. The recent economic data...
The USD/CHF currency pair is currently trading at a lower level than the day's opening price of 0.8551, hovering near the daily Pivot point at 0.8516. Key indicators suggest a bearish trend, with the price below the MA72 trend line where trading...
EUR-CAD H4 ANALYSIS CHART Hi there! Regarding the EUR-CAD pair, I too believe that there aren't enough signals at this time to call for a reversal. Furthermore, it's possible that the subsequent wave of growth from the shorter durations will begin...
What is support and resistance in forex trading. What is support? Support is a level on a market’s chart that it bounces off when in a bear trend. Say that an asset is falling, but there’s a price that it won’t drop beyond. Each time it hits that...