Trading Signals through USD/ JPY Our conversation focuses on the ongoing evaluation of the USD/ JPY currency pair's price assessment. I had hoped for a different scenario for the yen pair, but the situation remains unchanged. Despite today's...
The Commodity Channel Index (CCI) is a versatile technical analysis tool used in forex trading to identify cyclical trends in currency prices. Developed by Donald Lambert in 1980, the CCI measures the deviation of an asset's price from its...
The Story in the Charts: Gold Let's discuss the current price behavior analysis of the Gold. Bears exert pressure today, potentially causing a rebound from the descending trend line to a high of 2448.71. If this movement continues and we observe a...
Profit Potential: USD/ CAD Our discussion centres on examining the price action assessment of the USD/ CAD currency pair. The price reached the 1.36513 support but was not tested, closing the day near this level. Given that the support was not...
The pair experienced a decline during the North American session, primarily due to weaker-than-expected employment data from the UK, which undermined the Pound Sterling. Consequently, the major currency pair traded at 1.2660, down by 0.11%. This...