USDCAD On the USDCAD H4 time frame, we can observe a significant shift in the currency pair’s trajectory. By closely examining the indicators, it becomes evident that USDCAD has transitioned into a pronounced downtrend. This downward movement is...
USD/CAD Market Analysis August 19, 2024 USDCAD is in a fairly significant downtrend. After experiencing a sharp decline, the price had been moving in a consolidation phase for several days, which was indicated by a relatively flat price movement....
EUR/USD D-1 EURUSD Monetary Rights-TODAY we will consider the chart during D1. The wave structure is moving upward, and the MACD indicator is showing growth in the upper limit area and the signal line. Last week, the action was very clear. Three...
Spot gold technical analysis: Gold soars to record highSpot gold technical analysis: Gold soars to record high. During the European session on Monday (August 19), spot gold institutions maintained a narrow range of fluctuations, trading around...
Shark Harmonic Pattern The Shark Harmonic Pattern is a five-point reversal pattern that helps traders identify potential reversal zones. It is characterized by specific Fibonacci ratios that distinguish it from other harmonic patterns. The Shark...