USD-CAD H1 TIME FRAME Based on the USD/CAD chart on the H1 timeframe, it can be seen that the currency pair is currently in a consolidation phase after experiencing a significant increase in the previous session. The increase peaked in the strong...
TRADING CHART ON EUR/USD H4. The EUR USD currency pair opened the week with a decent price increase, but it is now hitting the resistance level of 1.0517. Last week, the price trend continued to move downwards, and the MACD indicator is declining in...
Gold prices experienced a significant downturn on Monday, falling nearly 3% to around $2,620. This decline was primarily attributed to the easing of geopolitical tensions, particularly the ceasefire between Israel and Hezbollah. Such developments...
TRADING CHART ON USD/JPY D1. The USD/JPY daily chart provides a detailed outlook on the currency pair’s movement, displaying a robust bullish trend as indicated by its technical structure. The pair is trading above the Ichimoku Cloud, which is a...
It seems that the price movement of the GBPUSD pair is trying to move the Como Cloud area as a dynamic resistance. If the price is able to stay above the Como Cloud permanently, then the current trend can be described as bullish. However, since the...
