GBP/JPY Price Analysis In terms of the UK calendar this week, Wednesday could be the most interesting. BoE Governor Andrew Bailey testifies to the Treasury Select Committee on Financial Stability. On the same day, UK Chancellor Rachel Reeves tries...
USD/CAD H1 As of January 27, 2025, the USD/CAD exchange rate is approximately 1.4384, meaning 1 US dollar is equivalent to about 1.4384 Canadian dollars. Recently, the Canadian dollar has strengthened against the US dollar, influenced by investor...
Forecast of Silver As I demonstrated in the attached chart, Silver's trading activity, as indicated by the H4 time frame chart, is in the ascending channel. During the up-and-down movement to follow this ascending channel pattern, the Silver...
The Chandelier Stop is a volatility-based trailing stop-loss strategy widely used in forex and other financial markets. It helps traders lock in profits by dynamically adjusting the stop-loss level as the price moves in their favor, based on the...
USD/CAD As of today, USD/CAD is holding within a consolidation range, with support around 1.4300 and resistance near 1.4450. The pair has struggled to break out in either direction, but as long as 1.4260 holds, I see a chance for further upside. A...