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...
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...
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...
T E C H N I C A L _ A N A L Y S I S U S D / J P Y Hello, and Good Morning my dear traders. I want to forecast the price of USD/JPY for upcoming trading sessions. USD/JPY is trading at 157.38 at the time of writing. USD/JPY started with positive...