Current Price Action of USD/CAD The current price action of USD/CAD appears to be bullish, as it is trading above the resistance level of 1.4446. When the price breaks through such a resistance level, it indicates buyer dominance, suggesting that...
AUD / CAD: An Hourly Time Frame Road Map The Australian data was helpful for the bulls of AUDCAD in the latest week, providing positive momentum for the Australian dollar. Key economic reports from Australia, including strong employment data and...
USD / CAD: My Trading Recommendation The market of USDCAD bounced up and hit the 1.4478 level on Friday, marking a significant move that has strengthened the position of the bulls of USDCAD. It is a good start for the buyers, as breaking through...
The market price of GBP/USD in the 4-hour time frame is currently positioned between key resistance and support levels. The 100-day simple moving average (SMA) lies below the current market price, suggesting that the overall trend may lean upward....
The Relative Strength Index (RSI) is one of the most widely used momentum oscillators in technical analysis, developed by J. Welles Wilder Jr. in 1978. It measures the speed and magnitude of an asset's recent price movements to evaluate whether it...
