The spot price trades lower around 161.70 during the early session today, reversing gains from the previous day. The price faced renewed pressure as traders increasingly believed that the Bank of Japan. At the time of the latest update, the price...
Date: 2nd January 2025. The USD Retraces But Can The AUDUSD Correct To 0.62320? Conclusion: *The US Dollar Index rose to its highest price since November 6th 2022 before the markets closed for New Years Day. *The Australian Dollar is the...
The NZD/USD pair is currently exhibiting a bearish trend on the H1 timeframe. The price has been making lower highs and lower lows, which are hallmark characteristics of a downtrend. Recently, the price touched a low near 0.5590 before bouncing back...
EURUSD currency pair - let’s look at the H4 chart again today. The past trading week was mixed. They went down a bit, then returned and stayed in place. Well, it’s understandable, pre-holiday and holiday days gave little movement, but on December 31...
#USD/CAD H4 US Dollar - Canadian Dollar. Have a nice day and lots of profit everyone! At the moment, my trading strategy based on combine Heinen Ashi, TMA and RSI indicators tells me it is high time to sell the currency pair/instrument, since the...