TA Alert of the Day: USD/CAD Bollinger Band Breach Signals Potential Pullback Risk
USD/CAD just popped above its upper Bollinger Band. Is this pair getting too stretched, or are bulls still in control?
USD/CAD just popped above its upper Bollinger Band. Is this pair getting too stretched, or are bulls still in control?
All is not quiet in Iran, loud explosions reported via multiple media sources. Cause unknown. Markets are focused on the good news out of negotiations right now. Nevertheless, conflict continues. This article was written by Eamonn Sheridan at investinglive.com.
USD/JPY edges lower during the North American session, sponsored by geopolitical headlines, which weighed on the US Dollar. In the meantime, fears of a possible intervention of Japanese authorities in the FX markets underpinned the Japanese Yen. The pair trades at 158.91, down 0.19%. USD/JPY Price Forecast: Technical outlook From a technical perspective, USD/JPY is consolidating above the 50-day…
2026.05.25 2026.05.25 How to Invest in Gold: A Complete Guide 2026 Oleg Tkachenkohttps://www.litefinance.org/blog/authors/oleg-tkachenko/ Gold remains one of the main safe-haven assets during periods of economic instability, rising inflation, and heightened market volatility. Investors tend to rely on gold to safeguard their capital and diversify portfolios, particularly amid crises and geopolitical tensions. This overview explores the enduring appeal of gold…
More chatter in a fluid situation: Plan is to open the Strait of the Hormuz in around 30 days. Mines would be cleared No tolls on ships going through Ceasefire would be extended for 60 days. The nuclear part of the deal and the rescinding of sanctions are more challeging items that would need to be negotiated BEFORE there…
USD/CAD trades on the back foot on Monday, snapping a four-day winning streak as markets monitor evolving developments surrounding ongoing US-Iran negotiations. At the time of writing, the pair is trading around 1.3803 after easing from an intraday high near 1.3820. The US Dollar (USD) came under selling pressure after reports suggested the United States (US) and Iran were…
2026.05.25 2026.05.25 CFD Trading Strategies: A Guide to the Best CFD Strategy Oleg Tkachenkohttps://www.litefinance.org/blog/authors/oleg-tkachenko/ A CFD (Contract for Difference) trading strategy is a structured approach to opening and closing trades in order to profit from future price movements without owning the underlying asset. Such strategies should consider market analysis, risk management, and trader psychology. This overview explains the main…
One good way to avoid the impulse of forcing trades is by turning your trading rules into habits. Here are some tips to get you there.
The USDCAD moved sharply lower through April but has turned back to the upside in May. The rebound this month pushed the pair above two key technical levels — the 61.8% retracement of the decline from the March 31 high at 1.38068 and the 200-day moving average at 1.3813. However, buyers have so far struggled to sustain momentum above…
USD/JPY consolidates on Monday after opening the week with a bearish gap as the US Dollar (USD) comes under pressure amid growing optimism that the United States (US) and Iran are moving closer toward a deal that could eventually reopen the Strait of Hormuz. At the time of writing, the pair is trading around 158.90, remaining confined within its…