USD-CAD PAIR ANALYSIS Previously, USDCAD experienced a very deep decline after the candle was unable to penetrate the supply area at the price of 1.3782. If I'm not mistaken it happened on Wednesday. The currency pair was able to fall by around...
The chart you provided shows the USD/JPY (US Dollar/Japanese Yen) foreign exchange (FX) rate over a specific time frame, likely one week, as indicated by the selection at the bottom of the chart. The chart appears to be a candlestick chart, a type...
The current level of interest in the GBP/USD currency pair may not be sufficient to drive significant price increases in the near future. This suggests that any upward movement in the exchange rate might be limited unless there is a substantial...
Developing and implementing a Forex system requires many steps, from initial research planning to implementation to ongoing operations. Here’s a comprehensive guide on how to put your forex strategy to work: Step 1efine your goals and risk tolerance...
### Analysis of the GBP/USD Exchange Rate and Upcoming Market Movements #### Current Market Situation As of the latest data, the GBP/USD exchange rate is sitting at 1.2691. The market sentiment currently appears bearish, indicating that the British...