General Points about AUDUSD: The AUD/USD market is trading at the 0.6272 level, reflecting a period of relative stability for the currency pair. Despite some fluctuations, the outlook for the AUD/USD remains positive, and it is likely to move higher...
GBP/ USD Price Movement We will look closer at the current price behaviour analysis of the GBP/ USD currency pair. The day for Wednesday on our quote closed with a bearish candle, but it is completely inside the candle for Tuesday. Now the price...
The results of the Canadian inflation data report (CPI) which are still mixed seem to weaken the outlook for the Canadian Dollar currency, thus supporting the rally in the EURCAD pair price increase. When observed, there is a bullish candlestick...
Bearish Candlestick Chart Pattern A bearish candlestick chart pattern signals a potential decline in the price of an asset, typically indicating selling pressure and a negative sentiment in the market. Traders and investors often rely on these...
The Chande Forecast Oscillator (CFO) is a technical analysis tool developed by Tushar Chande. It is used to identify the direction of a market trend and to measure the strength of the momentum. The CFO compares the current price of an asset to a...