What Is Fundamental Analysis? Fundamental analysis is a method of evaluating the Forex market by examining economic, financial, and political factors that influence the value of a currency. Instead of focusing primarily on price charts and...
USD/CAD Approaches Major Daily Resistance After Sustained Recovery From Multi-Month Demand Zone The USD/CAD daily chart presents a strongly improving bullish structure, with price trading near 1.3989 after an impressive recovery from the major...
AUDCAD MARKET OUTLOOK AUDCAD 1H is trading at 0.98556, up 0.09% on the session, and pushing toward the 0.98600 level after a sharp V-reversal off 0.97500 on June 11th. Price collapsed from 0.98700 to 0.97500 between June 6th and 11th, then...
Here is the weekly (W1) technical and fundamental analysis for USDCAD, based on the provided price history, followed by a trade setup and current position summary. Technical Fundamental Analysis On the weekly chart, USDCAD has been coiling inside...
Energy Markets and the North American Economic Split: A USDCAD Analysis The USDCAD pair is hovering around 1.39869 right now. It's a heavy-duty level. Investors are basically trying to figure out if the U.S. dollar has more gas in the tank or if the...
