USD/CAD Market Outlook Greetings and Good Morning guys! The Canadian CPI Rate was negative. So, the market price of USD/CAD bounced up and crossed the 1.4325 zone. It is not a better scenario for the sellers. Also, it is worth noting the broader...
The upcoming PMI data from both the Eurozone and the U.S. will be pivotal in determining whether the price can regain any bullish momentum. Market participants are closely watching these releases for signs of recovery in the Eurozone or continued...
USD/JPY Analysis Good Morning to everyone! The market of USD/JPY is waiting for the result of the Japanese Monitry Policy, Policy Rate, and PressConferencee. Also, the US Final GDP and Unemployment rate will change the entire market sentiment later....
Support and Resistance in Forex Trading Support and Resistance are key concepts in technical analysis. They represent price levels where the market tends to reverse, stall, or consolidate due to the balance of supply and demand. What is Support? ...
XAU/USD Technical Analysis and Forecast The XAU/USD market dropped sharply after reaching 2651 yesterday but later fell significantly to 2589. The market is currently trading around 2607, indicating a period of consolidation. Yesterday's move broke...
