The AUD/USD currency pair is currently trading around the 0.6646 level. This pair, representing the exchange rate between the Australian Dollar (AUD) and the US Dollar (USD), has been exhibiting a bearish trend recently. Market participants have...
The Butterfly pattern is one of the harmonic trading patterns in forex, and it is a specific type of chart pattern that traders use to identify potential trend reversals. The Butterfly pattern is part of the broader family of harmonic patterns,...
USD/ CAD Our conversation revolves around real-time evaluation of the price action of the USD/ CAD currency pair. I'm analyzing the USD/CAD pair on the 4-hour chart. Previously, I anticipated a downward move since the pair was near the upper range...
Our conversation concerns decoding the live USD/ CAD currency pair's pricing. There may be growth, but it seems more logical to expect the pair to move down to the lower range limits as it trades near the upper bounds. The journey down is likely to...
GBP/USD Market Analysis Greetings and Good Morning to all Traders! The sellers of GBP/USD are still grabbing their value and had reached around the support zone of 1.2920 yesterday. And, the buyers have to hold the resistance area of 1.2952 to...