Have a great day everyone! There is an opportunity to sell against the main movement on the hour. The basis for this is the linear regression channel turned downwards. Although it is more correct to skip sales or wait for the downward reversal of...
The USD/CAD pair on the hourly timeframe reflects a steady bullish trend followed by a period of consolidation, suggesting a temporary pause in momentum. Currently, the pair is trading around 1.4386, with the price oscillating in a tight range over...
Market Fundamentals: Bank of Japan (BoJ) Governor Kazuo Ueda has signaled optimism about Japan's economic trajectory, stating that the BoJ expects the Japanese economy to edge closer to achieving its 2% inflation target sustainably next year....
The Japanese Yen (JPY) displayed a degree of resilience against the US Dollar (USD) on Thursday, recovering slightly from a one-week low. This minor bounce coincided with growing market expectations that the Bank of Japan (BoJ) will finally raise...
General Points about EURUSD: The ECB President's speech did not provide much benefit to the Euro, as it lacked impactful announcements or significant policy changes. The Euro has shown notable strength recently, largely due to the positive momentum...
