Analysis of EUR/USD Trend on H4 Chart Current Market Sentiment Good day, fellow traders! Today, I would like to share my observations on the EUR/USD currency pair, particularly on the H4 chart. I recently made some adjustments to the trend line,...
Market Analysis for GBPCAD – Thursday, February 27, 2025 Introduction Assalamualaikum and good morning. Today, we delve into the market situation for the GBPCAD currency pair, which continues to exhibit an uptrend reminiscent of the trading patterns...
I observe that EURUSD recently tested its first target but faced rejection after a false breakout above resistance, a common occurrence during market squeezes. The formation of an ascending triangle on the chart suggests underlying bullish intent,...
The Japanese Yen (JPY) finds itself struggling against the dominant US Dollar (USD), with the USD/JPY pair persistently hovering above the 149.00 threshold as European markets commenced trading on Thursday. Several factors contribute to this...
he USD/CAD pair has demonstrated a robust upward trend, extending its bullish streak to a fourth consecutive trading day and reaching the vicinity of 1.4330 on Wednesday. This sustained appreciation of the US dollar against the Canadian dollar is...