USD/ CAD Price Action Summary Our current focus is evaluating the price action of the USD/ CAD currency pair. The USD/ CAD pair on the H4 chart has already formed a new upward channel. A bearish engulfing pattern emerged on Friday; the last two...
Bitcoin (BTC) is currently hovering around the crucial psychological level of $62,000, with market participants closely watching its next move. As of Sunday, the cryptocurrency trades at $62,100, slightly lower by 1.41%. Analysts predict that BTC...
The 9 square is a popular tool used in technical analysis to predict price levels and timing in financial markets, including forex. It is based on the geometric and mathematical concepts introduced by W.D. Gann, a legendary trader known for his...
WHAT IS HEDGING IN FOREX ? _Hedging in Forex: A Comprehensive Guide_ *Introduction* Hedging in Forex is a risk management strategy used to mitigate potential losses or lock in profits by opening multiple positions that offset each other. *Types of...
Silver Price Activity The discussion currently revolves around the analysis of the Silver price behaviour. Like gold, silver will likely continue its upward trend in the coming week, but only after a brief pullback to around 28.909 before resuming...