Good afternoon , the bullish market trend is still ongoing in the UsdCad pair. Currently the price is running stably above the simple moving average zone of 100. In the previous week's trading, this pair also experienced a fairly drastic upward...
AUD/USD ANALYSIS H4 Period Chart Let's look at the H4 chart again - the AUDUSD currency pair. The wave structure is still in an ascending order, but the MACD indicator is already in the lower sales zone and below its signal line. When the price had...
GBP/CAD Price Forecast The all-clear can now be given on inflation. After the last base effect fell out of the calculation in August, the annual rate is now even just below the middle of the target range of 1-3%. Canadian real economy has been...
USD/CAD Once again I have to switch to the weekly chart for this currency pair, in order to remind you that we formed strong support on a heavy MA, which we broke through falsely, after which we went to work out at least the embedded algorithm of...
A Tweezer Top pattern is a bearish reversal candlestick pattern that indicates a potential end to an uptrend. It typically forms after a rally and signals that the market is losing its bullish momentum, as buyers fail to push prices higher at the...