Analysis and Trading Strategy for USDCAD: Hello, traders. Let’s delve into finding the precise entry point for the USDCAD pair on the chart. After a thorough analysis, I am inclined towards selling the instrument from the 1.38166 level. This...
Analysis of USD/CAD Price Movement: As seen in the graph below, the direction of the USD/CAD movement will be determined by the breakdown of one of the key levels. Currently, the price has moved to the upside. However, it did not rise above the...
Initially, the euro tried to rally during the trading week but encountered resistance at the 1.09 level, sending the market lower. The euro later fell to 1.08 before rebounding. Overall, this market is still noisy and remote, making it hard to get...
The GBP/USD currency pair experienced a day of volatile trading on Tuesday, fluctuating within a constrained range. Despite the absence of a clear directional trend, both fundamental factors and technical indicators appeared to favor a bullish...
**GBP/USD Bullish Trend: Key Insights and Trading Opportunities** The GBP/USD currency pair has recently broken through a significant resistance level, signaling a robust bullish trend. This breakout above the 1.29374-1.28900 range suggests a...