The Japanese Yen continues to face considerable challenges in its battle against the US Dollar (USD), struggling to mount any substantial recovery. Despite occasional fluctuations, the Yen remains under pressure, hovering close to a three-month low....
The currency pair showed signs of recovery during the early European session on Wednesday, climbing to near 0.5860. The weaker US Dollar (USD) offered some temporary support to the pair, as it remained in the 0.5855 region at the time of the update....
EUR/USD Fundamental and Technical Analysis Hourly Chart: If the market price reaches 0.0520, the price may reach 0.0560. A failure above 0.0470 may trigger a retest of lower support levels, such as 0.0440. The candle formed near 0.0470 confirms a...
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Fundamental and Technical Analysis of USD/CAD: H1 chart: On the hourly chart, USD/CAD is currently testing major resistance near 1.4070. This resistance was a key level as the pair had struggled to break in previous attempts. The key technical issue...