News for trading Today, we have low-impact news only. The forex market is going to be calm today unless there is breaking news which of course will cause the market to move much. There won’t be enough volatility in the forex market today. To be on...
USDCAD USD/CAD outlook: The USD/CAD currency pair is experiencing significant movement as various economic forces and commodity shifts impact the price action. Here's a breakdown of what’s currently driving the pair and the key levels traders should...
The Accumulative Swing Index (ASI) is a technical analysis indicator used to evaluate the long-term trend of a financial instrument (such as a stock, currency, or commodity). It builds upon the concepts of the Swing Index (SI) by aggregating its...
Analyzing the attached chart, the price action shows a clear upward trend overall, supported by higher highs and higher lows throughout the displayed period. This trend reflects significant bullish momentum, with minor corrective phases that are a...