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Today, the USD/CAD pair continues its upward trend for the fourth consecutive day, driven by sustained demand for the US dollar.
The US Dollar Index, which tracks the dollar against a basket of currencies, is approaching a two-year high, supported by hawkish signals from the Federal Reserve...
In my morning forecast, I highlighted the 1.0285 level and planned to make market entry decisions based on it. Let's look at the 5-minute chart and analyze what happened. A decline followed by a false breakout at this level led to a buying opportunity for the euro, resulting in a 30-point rise...
In my morning forecast, I highlighted the 1.2277 level and planned to make trading decisions based on it. Let's look at the 5-minute chart and analyze what happened. A decline followed by a false breakout at this level led to a solid buying opportunity for the pound, resulting in a correction of...
Analysis of Trades and Recommendations for Trading the Euro
A test of the 1.0298 level coincided with the MACD indicator beginning to move upward from the zero mark, confirming the validity of the entry point for buying the euro. However, this resulted in only a 10-point increase.
The second...
Analysis of Trades and Recommendations for Trading the British Pound
A test of the 1.2297 level during the first half of the day occurred when the MACD indicator had already moved significantly above the zero mark, limiting the pair's upward potential—especially given the recent downtrend in...
Analysis of Trades and Recommendations for Trading the Japanese Yen
A test of the 158.29 level occurred when the MACD indicator was just beginning to move downward from the zero mark, confirming the correct entry point for selling the dollar. This resulted in the pair falling by more than 40...
Major Takeaways Main scenario: After correction ends, consider short positions below the level of 161.90 with a target of 148.50 – 138.65. A sell signal: if the price holds below 161.90. Stop Loss: above 162.20, Take Profit: 148.50 – 138.65. Alternative scenario: Breakout and consolidation above...
Major Takeaways Main scenario: After correction ends, consider short positions below the level of 161.90 with a target of 148.50 – 138.65. A sell signal: if the price holds below 161.90. Stop Loss: above 162.20, Take Profit: 148.50 – 138.65. Alternative scenario: Breakout and consolidation above...
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