Currency markets continue to consolidate after recent volatility, but no one wants to unload their long dollar positions. Likewise, the threat of an escalation in Ukraine and tomorrow's soft European PMI numbers keep the Euro (EUR/USD) subdued. We...
USD/ CAD Price Action Stance Analyzing the current price behavior of the USD/ CAD currency pair is crucial. I am watching the support indicated below to see whether they will be able to push through it or not. They pushed off, as predicted, from the...
General Points about AUDCAD: Today, the AUDCAD market is trading around the 0.9097 level, with sellers showing increased strength. This development is largely due to Canadian news events, which have provided significant support to the Canadian...
Technical Analysis Usdchf H1 Time Frame: The USDCHF currency pair is currently trading around 0.8858, with technical indicators on the hourly chart favoring a bullish scenario. Despite the MACD being in the negative zone, there is a possibility of a...
Gold Price Activity Review Yesterday, gold prices surged, followed by a decline, closing lower. Asia and Europe initially led the rise in stock prices, but the US market open sparked a rally towards the 2605 level. However, the up move was...
