USD/JPY Key Price Levels The weakening outlook of the Japanese Yen currency has made the USDJPY pair price movement able to continue the upward rally to above the SMA 200. This also weakens the direction of the bearish trend because the distance...
Market optimism surrounding the US economy, which remains resilient despite global challenges, is driving this upward momentum. Strong job growth, consumer spending, and corporate earnings continue to support positive sentiment. However, with key US...
The Canadian Dollar (CAD) is highly sensitive to fluctuations in oil prices, given Canada's position as a major oil exporter. Oil prices often have a direct correlation with the strength, making them a crucial factor for traders watching the pair....
A key factor weighing on the New Zealand Dollar is the looming threat of tariffs from the United States, particularly those targeting China, which could disrupt global trade. Additionally, market participants are closely watching the Federal...
On the weekly chart of the USDCAD currency pair, I believe the price has not yet fulfilled its medium-term target at 1.4272. The price action has been quite technical according to Fibonacci levels. Previously, the pair broke through the 100%...