Technical Analysis: Market Trends and Trading Strategies According to daily technical analysis, the market is poised for an uptrend targeting around the 1.0891 price zone. This expectation is driven by the formation of a long bullish candlestick on...
Trading Strategy with USD/CAD Our focus is on analyzing the price movements of the USD/CAD currency pair. When the instrument approaches the resistance zone at 1.3783, it frequently rebounds, forming an inverted hammer or pin bar pattern based on...
The dollar index, which measures the greenback against a basket of currencies including the euro and the Japanese yen, rose 0.08% to 105.14. Against the Japanese yen, the dollar strengthened 0.21% to 157.03. The Bank of Japan (BOJ) is holding a...
USD/ CAD Price Move In this analysis, we’ll delve into the price action of the USD/ CAD currency pair. Our primary objective is to capitalize on potential profits by buying at the crucial support level. If the price reaches or surpasses the previous...
Over the past two months, the GBP/USD currency pair has exhibited a dynamic and intriguing price trend, marked by significant fluctuations and key support and resistance levels. As the week draws to a close, it appears that the price is making a...