USD/ CADrice Action We are evaluating the current price action dynamics of the USD/ CAD currency pair. Last week, the Bank of Canada lowered the discount rate, leading to an expected USD/CAD exchange rate drop. However, the weakening of the Canadian...
USD/JPY technical analysis The pair's target is becoming more apparent as the price moves towards 153.40, the peak of which was good in 2022. As the price began trading in ascending price channels this year, it fell to try and break through the...
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Money Flow Index (MFI) in Forex Trading Introduction The Money Flow Index (MFI) is a powerful and versatile momentum indicator used by forex traders to gauge the strength of money flow into and out of a currency pair. Combining both price and volume...