Intraday Analysis 10.04.2026 – Orbex Forex Trading Blog

The Canadian dollar posted gains earlier but couldn’t consolidate.  In the European session, USD/CAD is trading at 1.4439, up 0.03% on the day. Bank of Canada likely to cut by 25 bps It’s decision day at the Bank of Canada, which is widely expected to lower rates by 25 basis points. This would lower the…

The Ideal ZigZag MT4 Indicator is a technical tool that connects key highs and lows on the chart, ignoring smaller movements that do not impact the bigger trend. This makes it easier to see the overall market direction without getting distracted by minor pullbacks. Traders use it to highlight swing points, map out trends, and…

By RoboForex Analytical Department  The EUR/USD pair is trending downward, approaching 1.0829 on Friday as investors evaluate the latest developments in US Federal Reserve monetary policy. Key drivers behind EUR/USD movement On Wednesday, the Federal Reserve held its current interest rate and overall monetary policy framework unchanged. However, the central bank signalled that two rate…

The situation continues to develop in line with the previously considered wave scenario. After forming an initial diagonal triangle, the price began a decline, which is likely corrective in nature and represents a zigzag pattern. At the moment, this structure may be missing only a small downward wave, which is expected to unfold in the……