The USD/CAD continues its downtrend for a second day in a row on Thursday amid broader USD softness and the hawkish tone of the recent BoC meeting in September. Rising oil prices add another boost to the Loonie. The USD/CAD currency pair is trading...
NZD/CAD is falling towards the pivot, which is a pullback support that aligns with the 161.8% Fibonacci extension and could bounce towards the 1st resistance, which is a pullback resistance. Pivot: 0.80584 1st Support: 0.79947 1st Resistance:...
USD/JPY fell for the second day in a row and is currently trading at 155.40 on Thursday, down 2.07% so far today. USD/JPY sees intense selling activity as the Japanese Yen (JPY) finds support from a more hawkish stance by the Bank of Japan (BoJ),...
Macro Market Overview: Spot Gold (XAU/USD) trades dynamically around the $4,506 handle, underpinned by a renewed wave of macro risk aversion and a softer U.S. Dollar. Persistent geopolitical tensions—most notably centered around maritime trade route...
Good afternoon Traders, Below is my analysis of the current GBPCAD structure. GBPCAD remains at a key Elliott Wave decision point. Price is consolidating between 1.87487 support and 1.88521 minor resistance following the rejection from the 1.90–1.91...
