General Points about USD/CAD: Currently, the USD/CAD market is trading near the 1.4300 level, which indicates that sellers are still strong. The currency pair has been experiencing downward pressure, reflecting a stronger Canadian dollar against the...
Free Margin Free margin in Forex trading refers to the amount of available capital in a trader’s account that is not tied up in open positions. It is the difference between the equity and the margin used for current trades. Understanding free...
Forecast of USDCHF The USDCHF changed the trend direction on the daily time frame chart by crossing the 50 EMA line to the downside. The primary trend was bullish before this crossover, but it is now bearish. As the accompanying diagram shows, the...
EURUSD Daily Outlook The EUR/USD pair recently touched a four-month high of 1.0844 following the European Central Bank’s interest rate decision, signaling a major shift in near-term dynamics. The currency pair broke out of the descending channel and...
GBPUSD currency pair - let’s look at the D1 period chart again today. The first trading days of this March turned out to be growing at a high speed, in one first day, it covered the entire decline that developed during the previous trading week....
