February 21, 2025 Silver (XAG/USD) is trading near $32.40 per troy ounce, reflecting a robust performance since its November 2024 low of $26.43. This upward trajectory is influenced by a combination of technical factors, industrial demand, and...
General Points about GBPCAD: Coincidentally, both the Canadian and UK Retail Sales rates will be released today. Reports measuring consumer spending and economic activity in both countries play a key role in market movements. A weaker-than-expected...
Stick Sandwich Candlestick Pattern The Stick Sandwich is a candlestick pattern that is often used in technical analysis to identify potential market reversals. It consists of three candlesne large candle, followed by a small candle, and then another...
What is Margin Trading in Forex? Margin trading in Forex is a method of trading where traders can control a larger position than the amount of capital they initially invest. In simple terms, it allows traders to borrow money from a broker to...
AUD/USD As of today, AUD/USD is trading around 0.6347, showing a slight recovery from recent lows. Here’s my take on its technical and fundamental outlook. Technical Analysis: The pair is moving within a bullish channel, with key support around...
