USD/CAD USD/CAD Gains Some Support Near 1.4400 Amid US CPI BoC Policy Decision Key Analytics: The Canadian Dollar slipped 0.5% higher on Wednesday. The Bank of Canada delivered a broadly expected 25 bps rate cut. Trade war concerns continue to...
EURUSD TECHNICAL ANALYSIS INTRADAY The EUR/USD pair is trading around 1.0900 and is still in a corrective phase. I anticipate further declines but expect a corrective rebound towards 1.0 8900 before the pair resumes its downward movement. Technical...
The euro exceeded a little lower in the early negotiation on Wednesday, which caused speculation about whether the market is forming a double potential pattern. While it is too early to base commercial decisions only on this technical formation, it...
The US Dollar (USD) continues to strengthen, buoyed by cautious remarks from Federal Reserve Chair Jerome Powell and robust economic data from the US. Powell's recent comments have raised expectations that the Fed may not need to cut interest rates...
I observe that USD/CHF is currently trading in a mixed technical environment, with conflicting signals suggesting both caution and opportunity for intraday scalpers. While the pair remains below the daily opening level of 0.8835, it holds above the...