The USD/CAD currency pair has been experiencing a downward trend in recent weeks, primarily driven by expectations of a more dovish Federal Reserve and the subsequent impact on the U.S. dollar. However, the pair's decline is not without its...
What does a Gravestone Doji mean? The Gravestone Doji is a bearish Doji, which is observed when the opening and closing price of a security is equal during a trading session. The Gravestone Doji is initiated with an uptrend, which is denoted...
Trading Analysis update Friday - August 23, 2024 From what is seen in the price movement that occurs on the chart using the daily timeframe, the trend direction conditions on the USDCHF currency pair in the last few days' trading sessions are still...
Morning Trading Insights: Gold and USD Index Analysis Good morning, everyone, and welcome to today's live trading discussion. Yesterday, the USD index closed on a bearish note, moving down from the 101.34 level to 101.25. Currently, the USD index...
GOLD ANALYSIS UPDATE D-1 Timeframe D1 period chart - GOLD trading instrument. As expected, yesterday the price managed to go down to the main horizontal support level of 2478, but they did not let the price go further, they gave a rebound upwards....