The USDCAD has been staying within a trading spectrum, maneuvering sideways between 1.3414 and 1.3541. Notably, USDCAD recently undertook a failed bid to breach the 1.3541 resistance, resulting in a pullback to the 1.3465 level. As the market evolves, it’s plausible to envisage another decline to test the 1.3414 support in the forthcoming day
Blogs
The Ascend of USDJPY: The How and The What Next
The USDJPY is currently hanging out in a rising price channel on the 4-hour chart, a signal that the uptrend from 140.25 remains alive and well. As long as the channel’s support maintains its grip, we can expect the upward movement to carry on. The key resistance area to watch is 148.80. A push past […]
The Dance of EURUSD: Sideways Movements and Consolidations
In the recent timeframe, the EURUSD has been exhibiting lateral motion in a defined trading range between 1.0821 and 1.0932. This trading range is likely a pause or consolidation for the downtrend that began at 1.1139; hence, there is a possibility of a further decline once the consolidation plays out. As of now, the EURUSD […]
Weekly Summary And Review 26th January 2024
<p>Hi Traders! Arvinth here from the Home Trader Club team. The weekly summary and, review of January 26th 2024 is here. It is now time to recap and summarize the trade setups that we had during this week. Below you will find a short explanation of all the trade setups we had this week and how it […]
USDCHF Buyers Refuse to Give Up as Bears Exert Selling Pressure
<p>Get the 7 Step Checklist Johnathon Fox Uses to Find Every High Probability Price Action Trade</p> <p>USDCHF Analysis – Buyers are Eyeing a Breakout USDCHF pair is witnessing a battle between buyers and bears, with the buyers refusing to give up despite the bears exerting selling pressure. In recent times, the bears have
GBPJPY Buyers Face a Tightening Position
<p>Get the 7 Step Checklist Johnathon Fox Uses to Find Every High Probability Price Action Trade</p> <p>Market Analysis – Bears are Likely to Gain Momentum. GBPJPY buyers face a tightening position. The GBPJPY pair may be shifting its focus as the buy position tightens. The market could be taking another step this week, and
Bitcoin (BTCUSD) Price Sets for the Next Upward Rally
<p>Get the 7 Step Checklist Johnathon Fox Uses to Find Every High Probability Price Action Trade</p> <p>Bitcoin (BTCUSD) Price Forecast: January 26The BTCUSD price is set for the next upward rally after a long dip by the bears. The bulls are currently finding their way to the resistance levels and above to dominate the market. [&h
Lucky Block Price Prediction: LBLOCKUSD Price Might Hit the $0.0002000 Resistance Level
<p>Get the 7 Step Checklist Johnathon Fox Uses to Find Every High Probability Price Action Trade</p> <p>Lucky Block Price Prediction – January 26LBLOCKUSD is about to resume its bullish race. The price might hit the $0.00020000 resistance level as the crypto has just resumed its bullish rally. Thus, a sharp breakout and closure ab
Intraday Analysis – CAD Attempts Another Push
<div><img width="750" height="430" src="https://assets.iorbex.com/blog/wp-content/uploads/2024/01/26093404/Intraday-Analysis-CAD-Attempts-Another-Push-1.png" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="Intraday-Analysis-CAD-Attempts-Another-Push" decoding="
EURGBP Day | Bearish continuation
TitleEURGBP Day | Bearish continuationTypeBearish BreakoutPreference:The current price is on the pivot point at 0.85259 an overlap support, it could breakout and continue with the downtrend and fall to 1st support at 0.83371, the swing-low support.Alternative scenario:If the trend reverses and bounces off the pivot point, it might rise to 1st resis