The USD/CAD pair experienced a pullback during the last day’s Asian trading session, following a brief rally around the 1.34980 level. This decline was primarily driven by a reversal in the US dollar's intraday gains, coupled with a stronger...
GBP/USD Weekly chart: As we can see, the flat price channel was broken earlier, after which the pound/dollar pair returned to the upward trend and a new price channel was formed - an upward one. True, the channel has the shape of a northern wedge,...
The USDCAD 1-hour chart presents a bearish market structure from mid-September until the current period, with multiple liquidity zones (DLiq) and fair value gaps (FVG) defining key price actions. The chart displays a clear decline after reaching the...
USD / CAD: We are discussing and analyzing the USD/CAD currency pair's current pricing behavior. My trading strategy is around the Bollinger Bands and a vertical volume histogram. It signals a potential peak in growth and suggests opening a short...
Despite the recent GDP growth, JP Morgan Asset Management (JPAM) suggests that the Bank of Japan is unlikely to raise interest rates imminently. They argue that any consideration for further rate hikes will depend significantly on the Federal...