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...
What is Pivot point in Forex Trading? Detailed Calculation of Pivot Points Pivot points are derived from the previous day's high, low, and closing prices. Here's a step-by-step breakdown of their calculationivot Point (P)=High+Low+Close3P =...
Technical Reference: buy as long as it is above 1.27205 Resistance 1: 1.27745 Resistance 2: 1.27855 Support 1: 1.27205 Support 2: 1.27065 GBPUSD was able to rebound from the weekly low level to break out the bearish channel , the potential increase...
Greetings and Good Morning guys! We can see that the BOJ's Monetary Policy and other news data couldn't bring high volatility in the market of CAD/JPY today. However, we can trade with technical analysis. Overall, the market of CAD/JPY is in favor...
The image depicts a candlestick chart for the EUR/GBP (Euro to Great Britain Pound) currency pair. The chart showcases price movements over a period, likely on an intraday or daily basis, given the detailed candlestick formations. Here is a...