We have closely monitored the ongoing price fluctuations in the USD/CAD currency pair. As the week has concluded, we find it necessary to promptly review our trading strategy on the same chart. Delving deeper, we observe a long-standing pattern...
The USD/CAD exchange rate, currently at 1.3740, is in a bearish trend, reflecting a decline in the value of the US dollar against the Canadian dollar. This downward movement suggests that market sentiment is currently favoring the Canadian dollar....
T E C H N I C A L _ A N A L Y S I S C L / CRUDE OIL Good day to everyone in the forum. Now let's talk about today's chart prepared in this time frame. Crude oil’s market is now fluctuating around 78.48. The Crude oil pair is currently trading...
NZD/USD CURRENCY PAIR ANALYSIS: The NZD/USD pair has been showing some interesting movements lately. I have been keeping a close watch and noted that I am only considering buying if the pair goes below 0.60950. Until that happens, my primary focus...
Technical analysis involves studying historical price data to forecast future price movements. One of the primary tools used in technical analysis is chart patterns. These patterns form due to the price action of a currency pair and can signal...