The USD/CAD pair is showing moderate strength in early trading on Wednesday, hovering around 1.3830 amid a favorable U.S. dollar fundamental. The U.S. dollar is benefiting from a notable increase in consumer confidence, with the Conference Board's...
The chart of the senior period D1 - the EURUSD currency pair. The wave structure here on this daily chart is still building its order upwards. The MACD indicator is in the upper purchase zone, and again rises above its signal line. The last trading...
I observe that the seller’s inability to break below the recent local low during yesterday’s trading session signals potential strength among buyers, even amid ongoing volatility. I recognize that the price swung aggressively within the established...
Day Trading Day Trading in Forex refers to the strategy of buying and selling currency pairs within the same trading day. The goal is to profit from short-term price movements in the highly liquid Forex market. Here’s a detailed overview to get...
Good morning. In the end, buyers of the Euro failed to actively continue the movement towards the current maximum. Sellers actively began to develop a downward movement, so far they have not broken through important levels, but I hope this...