Fundamental Analysis On Friday, the Canadian dollar (CAD) made a meager comeback, rising from most of its major currency peers and recovering only a tenth of a percent against the US dollar (USD). The market is cautious due to an unexpected decline...
FOREX TREND ENVELOPES Forex Trend Envelopes: A Comprehensive Guide In the world of Forex trading, identifying trends and making informed investment decisions can be a daunting task. One effective tool that traders use to navigate the markets is the...
The USD/JPY pair has been trading within a specific range in recent times, fluctuating between support and resistance levels. However, the current market trends suggest the pair is poised to move downward, potentially breaking below the critical...
Current trading plan for the US Dollar / Canadian Dollar currency pair. Timeframe H4. Let’s perform a detailed analysis of the current market movement of the instrument, focusing on the signals of the linear regression indicator Extended Regression...
At the beginning of this month, the USDCAD currency pair attempted to reverse the prevailing market trend by moving towards a bearish direction. However, despite these efforts, market conditions on the daily timeframe indicated that buyers were...