USDCAD M5 A Formal Approach to USD/ CAD We are examining the dynamic pricing behaviour of the USD/ CAD currency pair in real time. We should focus on the current dynamics of the USD/CAD chart to understand potential movements. Recently, despite an...
Mastering the Inside Bar Candle: A Guide to Effective Trading Trading in financial markets requires a combination of strategy, analysis, and a keen eye for patterns. Among the plethora of chart patterns, the inside bar candle stands out for its...
USD/CAD Tuesday saw a rise in the Canadian dollar as May's Consumer Price Index (CPI) inflation rate was marginally higher. The Canadian dollar fluctuated sharply against the US dollar throughout the American market day, hitting a record 14-day...
The NZD/USD (New Zealand Dollar/US Dollar) exchange rate, currently at 0.6112, is experiencing a bearish trend. This indicates that the New Zealand Dollar is weakening against the US Dollar. Various factors could contribute to this movement,...
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 70-80 pips. However, after...