USDCAD is testing a long-term rising channel line, as shown on the chart below. This channel started at the beginning of 2024, and considering the news flow on Thursday and Friday, there's a...
Archives: Blog
This week's selloff has a chance of validating last week's Shooting Star candle. It's only Tuesday, so there's still much time left, but if the DXY does fall here, the next stop is 97.50, and then...
Understanding how to read a Forex chart is essential for trading success. A Forex chart is a powerful tool for analyzing currency price movements, helping you make informed...
Trump's tariff announcement today provides limited clarity about the longer-term impacts, but most economists predict they will drag on economic performance. This can negatively affect the USD....
Support and Resistance tactics are commonly discussed in the trading community, but what are the methods and rules leading to winning trades? Can you earn profits from trading breakouts and...
How to take profit is essential in Forex trading like knowing when to enter a trade. Successfully capturing profits requires a strategic approach and a clear understanding of market...