•••USD/CAD: A Currency Tug-of-War in January 10,2025••• • As we step into 2025, the USD/CAD pair is caught in an intriguing battle of forces. The U.S. dollar remains strong, buoyed by solid economic data, while the Canadian dollar faces some...
Chart Analysis: Strong Uptrend Observations Uptrend Characteristics The chart displays a robust uptrend, characterized by the formation of continuous higher highs and higher lows. This indicates a strong bullish sentiment in the market. Bollinger...
•••Bitcoin Price Action: What’s Cooking Today(January 10,2025)?••• • Today’s Bitcoin price action has been anything but boring. The market is currently dancing around $93,700, after recently testing the monumental $100K milestone. With the ongoing...
Amid rising UK gilt rates and possible US tariffs, investors seek protection, causing the price of gold to jump by 0.35%. Safe-haven demand sparked by worries about Donald Trump's projected policies and the UK's budget issue caused gold's price to...
The AUD/USD currency pair grapples with a confluence of bearish forces that have driven it to hover near its lowest levels in over two years, trading just below the 0.62 mark. This persistent weakness in the Australian Dollar is underpinned by...