Profit Potential: USD/ CAD Our discussion centres on examining the price action assessment of the USD/ CAD currency pair. The price reached the 1.36513 support but was not tested, closing the day near this level. Given that the support was not...
The Story in the Charts: Gold Let's discuss the current price behavior analysis of the Gold. Bears exert pressure today, potentially causing a rebound from the descending trend line to a high of 2448.71. If this movement continues and we observe a...
In my morning forecast, I pointed out the level of 1.0701 and planned to make trading decisions based on it. Let's look at the 5-minute chart and analyze what happened there. The breakout and retest of 1.0701 after weak German statistics led to...
Hello all, If buyers manage to push the price above the 157.64 resistance, it could lead to further upward momentum. In this case, the next target for the USD/JPY pair would be the higher resistance level of 1.5123. Reaching this level would suggest...
USD/CHF Analysis: The USD/CHF pair is currently trading close to the day's opening level of 0.8935 and above the W1 level of 0.8957, where a decrease in volume typically occurs. On the W1 chart, if the price remains above the 0.8928 level, it is...