The EURUSD currency pair has recently broken above a falling trend line on the 4-hour chart, indicating a period of consolidation for the ongoing downtrend that originated from 1.1091. However, caution is still warranted as the pair...
The USDCAD currency pair has encountered resistance around the 1.3667 level and experienced a pullback from its recent high at 1.3654. This price action suggests a period of consolidation for the ongoing uptrend that originated from 1.3314....
The USDJPY currency pair has demonstrated resilience, remaining within a well-defined rising price channel on the 4-hour chart, thus sustaining the broader uptrend that originated from 133.49. Currently, the pair is experiencing a pullback from its recent...
The AUDUSD currency pair has remained entrenched in a persistent downtrend, originating from its peak at 0.6817. The recent bounce from 0.6490 is likely a period of consolidation within this broader downtrend. At present, AUDUSD faces a...
The GBPUSD currency pair has been mired in a persistent downtrend, marked by its position below a descending trend line on the 4-hour chart. The pair continues to grapple with bearish pressures that originated from the high...
The EURUSD currency pair has been struggling to break free from the grip of a persistent downtrend, as indicated by its position below a descending trend line on the 4-hour chart. The pair remains locked in a...
Introduction Unleashing the potential of forex trading starts with choosing the right broker. As a forex trader, your broker plays a crucial role in your trading journey, impacting everything from execution speed and trading costs to security...
Forex trading, with its dynamic nature and vast profit potential, demands the adoption of effective technical analysis tools. One such tool that has gained popularity among traders is the Keltner Channel. Developed by Chester Keltner, this indicator...
The USDCAD currency pair has displayed a resilient uptrend, remaining within a rising price channel on the weekly chart. This upward movement has been in play since the pair found support at 1.2006, indicating the dominance of...
The USDJPY currency pair has displayed a strong bullish momentum, extending its upside movement from 127.21 to reach as high as 140.72. This upward surge indicates that the bulls remain in control and suggests the potential for...