Analysis of the USDCAD pair in the H-4 time frame. Last Tuesday, buyers finally gave up at the resistance of 1.3836 and then made a strong retracement, visually seen from two bearish candles that have long upper wicks, but that does not mean the...
Trading journal Thursday, July 18, 2024 USDCHF Assalamu'alaikum, Good morning everyone, how are you Indonesian traders? Hopefully friends and forum moderators always get abundant fortune in the form of health and opportunities. Hopefully today's...
NZD/USD Market Outlook Good Morning guys! The New Zealand's CPI rate had reduced from 0.7% to 0.6%. It made the NZD weak yesterday. The market may present opportunities for both buyers and sellers, but without proper risk management, traders could...
At the moment, the USD/CHF pair is trading around 0.86548, and the current trend appears to be on the bearish side. The market is moving slowly, showing signs of cautious trading as it consolidates at this level. Despite the current bearish...
USD/JPY Analysis: Momentum Strongly Upwards Amid Rate Cut Speculation The US dollar hit a peak not seen in more than two months against several major currencies on Tuesday, driven by growing speculation that the Federal Reserve will soon implement...