The USD/CAD pair appears to be in a bullish trend, as evidenced by the price movement over the past sessions. A series of higher highs and higher lows is visible, confirming the uptrend. However, the recent candlesticks show indecision, with wicks...
Trading journal Friday, December 20, 2024 USDJPY Assalamualaikum and good afternoon colleagues. Hopefully we are all still in good health. How about the trading results in the past few days? Hopefully all forum members get satisfactory profits. As...
The Japanese Yen attracts some buyers after a stronger-than-expected Japan’s National CPI. A weaker risk tone and retreating US bond yields also lend support to the lower-yielding JPY. The Fed’s hawkish shift favors the USD and should act as a...
The NZDCAD currency pair has rebounded after its price pressure bounced above the demand area on the daily chart at 0.80975. This suggests it has the potential to close the gap to the dynamic resistance of the 5-day moving average. If it manages to...
The AUD/USD currency pair experienced a brief respite from its downward trend on Friday, bouncing slightly from the 0.6215 level. However, the overall sentiment remains bearish, with the pair trading near its lowest levels since October 2022. The...
