EUR / NZD: An Hourly Time Frame Recommendation EUR news data will play a significant role in helping the bulls maintain pressure on the bears or sellers in the current week. With key economic releases expected, such as GDP reports, inflation...
TRADING CHART ON USD/CAD H4. The USD/CAD currency pair has demonstrated a strong uptrend over the past several months, as evidenced by its consistent movement above the moving average, likely the 50-period SMA, on this 4-hour chart. This trend...
The EUR/USD currency pair traded near 1.0350 during early European trade on Wednesday, facing potential headwinds from a potential slowdown in the pace of interest rate cuts by the Federal Reserve. Recent strong US economic data, including a robust...
Technical analysis of GBPCAD Now I will do a market analysis on the GBP/CAD pair. GBPCAD is the leading currency pair in the foreign exchange market. I am looking at the GBPCAD h1 timeframe chart. The market is currently in between support and...
The USD/JPY currency pair remained near its multi-month high during early European trading on Wednesday, despite some recent consolidation. The Japanese Yen (JPY) has weakened against the US Dollar due to several key factors. Firstly, uncertainty...