Month: January 2022

USDCAD buyers take the price above a cluster of MAs today The USDCAD buyers are making a play today. Here are the technical reasons: The price low yesterday stalled ahead of the price low from Wednesday. The low reached 1.2452. The low from Wednesday’s trade reached 1.24476. Moreover the low from yesterday was near the
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Discover several supply and demand trading strategies, using MACD and Stochastic indicators. In this video you’ll learn: • What is supply and demand theory (supply and demand explained for beginners) • How to trade like banks and big institutional players using supply and demand (on different trading platforms: Tradingview, Thinkorswim, Webull, Metatrader 4 etc) using
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GBP/JPY dropped 0.7% on Friday, falling from above 155.00 to around 154.00. Risk-off flows and soft UK data weakened sterling while safe-haven demand and lower global bond yields strengthened the yen. GBP/JPY fell sharply on Friday and heavy downside in the global equity market and commodity space weighed on more risk-sensitive currencies such as sterling,
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