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 =...
The Canadian dollar ended the week with a mixed performance. It clawed back some ground against most major currencies but showed only a minimal gain against the US dollar. This mirrored the overall cautious mood in the markets on Friday. Earlier...
USD/JPY/M15 I wish you good health for everyone who has started the next trading day. Let's analyze the USDJPY pair on the M15 time frame. Fast animations with periods of 9 and 22 are my old and faithful friends. The signals are as simple and common...
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...
USD-CAD PAIR FORECAST The bullish USDCAD pair is proof that the USD exchange rate is strengthening again and that there is still a lot of demand in the world of international trade. So if someone says that BRICS will threaten USD hegemony, I still...