Forecast of USD/CAD: The market is currently in a bullish bias, but the pair is attempting to push lower. Yesterday, it opened at 1.4422, reaching a high of 1.4445 and a low of 1.4371, resulting in a trading range of about 74 pips. Market sentiment...
THE CURRENCY PAIR AUD-USD Considering that the AUDUSD price doesn't really want to go down any further, we can assume that perhaps the price's recent move down completely removed the liquidity below, which could be in the area that I marked with a...
General Points about AUDCHF: We can see that the AUDCHF market is currently trading at the 0.05670 level, a point of interest. Despite this level holding some support, the market's momentum has been hindered by various economic factors. While there...
The latest COT report indicates that speculators opened 9,335 long positions and 10,392 short positions during the last reporting week. Sentiment among the non-commercial group remains bearish and strong, suggesting further downside for the pair....
NZD/USD Price Activity Upbeat NFP data report and US unemployment rate on Friday last week. This seems to strengthen the US Dollar outlook so that the NZDUSD pair price movement is pushed down. The impulsive downward rally is almost approaching the...
