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Analyzing Support and Resistance for the USD/CAD Pair (March 10, 2025) In the realm of forex trading, the USD/CAD currency pair currently exhibits intriguing price dynamics worth analyzing. Based on various technical references, this pair is broadly...
GBP/AUD Good Morning, guys! The overall market of GBP/AUD looks in favor of buyers these days, indicating a strong bullish sentiment. A steady upward trend has been observed, but it needs a correction process to start a bullish journey again. Market...
I believe that the USD/JPY pair is currently facing downward pressure, and I see no compelling reason for it to move north. I have already made my case regarding the Bank of Japan (BOJ) potentially raising rates by 0.5 to 1 basis point in March,...
Understanding Resistance in Forex Trading: A Key to Identifying Market Barriers In forex trading, the concept of resistance plays a crucial role in understanding price behavior, predicting market reversals, and developing successful trading...