USD/CAD technical Discussion The previous day, I made a trading plan for the USD/CAD market. As discussed yesterday, I plan to open a buy position once the price enters the demand zone. However, the USD/CAD price broke through the demand zone, so a...
The Forex market, short for the foreign exchange market, is the largest and most liquid financial market in the world, where currencies are traded against one another. Unlike other financial markets, Forex operates 24 hours a day, five days a week,...
Charting the Course: USD/CHF We are currently assessing the dynamic pricing behavior of the USD/CHF currency pair. The potential for growth in the USD/CHF pair remains intact. The week is likely with a bullish candle, indicating upward momentum. The...
USD/JPY Technical Analysis USD/JPY barely moved almost 200 pips in a week in one year, and it was a slow-moving pair. Last trading day, this pair moves nearly 150 pips daily, which is a significant change. Based on my technical observations, this...
The price faced significant selling pressure on Friday as investors grew cautious ahead of the release of the United Kingdom’s (UK) Consumer Price Index (CPI) data for August. The inflation data, which is set to be published soon, is expected to...