USD/CAD Trend Analysis Update Today, we'll discuss analyzing the USD/CAD currency pair's price movements. A false breakout occurred at 1.3796, signalling that a further decline is likely to follow. The price will likely break above 1.3799 and stay...
BUY AND SELL STOP Buy and Sell Stops are essential concepts in trading: *Buy Stop:* 1. Order to buy at a specified price above current market price. 2. Used to limit losses or lock profits. 3. Triggered when price reaches or exceeds specified price....
Geopolitical Unrest Abates, Eliminating Premium Prices The lowering of geopolitical tensions in the Middle East was another reason for the drop in oil prices. According to reports, Israel might decide not to attack Iran's oil infrastructure, which...
TRADING CHART ON USD/MXN H4. The bearish signal that appeared on Thursday was not confirmed on Friday. Initially, sellers had the upper hand in the market. After consolidating for a long time during the Asian session, the price briefly fell below...
The USD/CAD pair rose to approach 1.3755 during early Asian trading on Thursday. The US dollar index (DXY) reached its highest level in several weeks, surpassing 103.50, as market participants increased their expectations for the Federal Reserve...