Good Evening Traders: A Deep Dive into Today’s Market Insights Welcome to today’s live trading discussion! Yesterday, the USD Index closed with a notable bullish surge, climbing from 105.99 to 106.61. However, the index now displays signs of...
The British pound saw a minor increase on Tuesday, rising nearly 0.2% to reach the 1.2800 level, a crucial resistance point that has recently hindered bullish momentum. As investors await the release of the US Consumer Price Index (CPI) inflation...
USD/CAD Technical Analysis and Fundamental The USD/CAD market is currently in a bullish trend on the hourly chart. Earlier today, the USD/CAD market price tested the key support at 1.4155 on the H1 chart. USD/CAD then started moving towards the...
USD/JPY Analysis Greetings and Good morning to everyone! The buyers of USD/JPY are waiting for the release of the US CPI and Crude Oil Inventories news events. Therefore, we should trade carefully and must use stop loss in our trading. Moreover, the...
The chart represents the GBP/USD currency pair on the H1 (hourly) timeframe. This analysis will evaluate price action, moving averages, and the Relative Strength Index (RSI) indicator to determine the market sentiment and potential trading...
