Tag: forecasts

USD/CAD: on the eve of the Bank of Canada meeting – Analytics & Forecasts – 25 October 2022

In an alternative scenario and in case of a rebound from the resistance level 1.3735 USD/CAD will fall to the support levels 1.3610,...

GBP/USD Gains Momentum, EUR/GBP Eyes Fresh Increase – Analytics & Forecasts – 24 October 2022

GBP/USD started a recovery wave and climbed above the 1.1300 resistance. EUR/GBP is trading above the 0.8650 support and might eye a fresh...

AUD/USD: at the start of a new trading week – Analytics & Forecasts – 24 October 2022

Economists believe that the recovery of the Australian labor market stalled in September. In their view, a 25 bps RBA rate hike is...

Global Genetic Optimization Algorithm – Analytics & Forecasts – 23 October 2022

Greetings, Dear Friends! Today I would like to talk about the hidden features of MQL5 and the MT5 terminal. Most trading...

Gold Price Drops While Crude Oil Price Aims Fresh Increase – Analytics & Forecasts – 21 October 2022

Gold price started a fresh decline and traded below $1,650. Crude oil price is holding the $84.25 support and might start a fresh...

Support and Resistance – Analytics & Forecasts – 21 October 2022

Support occurs when falling prices stop, change direction, and begin to rise. Support is often viewed as a “floor” which is supporting, or...

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