Understanding the Dynamics of the Market in USD/CAD Recently, the currency pair USD/CAD rallied and pegged higher above the 1.4060 level. Such a scenario is termed a bullish situation, hence leaving buyers with high expectations. When traders view...
Forecast of Gold On the H4 time frame chart, the price of Gold crossed the 26 EMA line to the upside and is about to challenge the 50 EMA line. On the H1 time frame chart, the price of Gold is operating above the moving average lines, which explains...
TRADING CHART ON AUD/USD D1 . The AUDUSD trading instrument has seen a downward trend over the past week, with sellers dominating the market. However, the US dollar has been gaining strength against major world currencies. The price's wave structure...
General Points of GBPUSD: So far, due to the control of sellers in the GBPUSD market, we can note a bearish outlook. The price is currently at the 1.2620 level, and sellers remain strong, maintaining downward pressure on the market. The ongoing...
EUR/USD Today, EUR/USD is moving in a tight range around 1.0900. On the daily chart, I’ve noticed strong resistance near 1.0950, which aligns with the 100-day moving average, while support holds steady at 1.0850, close to the 200-day moving...
