CAD / JPY: An Hourly Time Frame Recommendation On Friday, the price of CADJPY dropped sharply, reaching the 105.88 level. The decline was attributed to negative data from the Canadian economic department, which fueled bearish sentiment in the...
EUR/USD stays under pressure and trades below 1.0500 in the American session on Wednesday. The US Dollar stays resilient against its rivals after the data showed that the annual CPI inflation edged higher to 2.7% in November, not allowing the pair...
USD/CAD Market Analysis Greetings and Good Morning guys! Today, the US PPI and Unemployment rate will change the entire market. Yesterday, It had reached the 1.4166 zone and the news events couldn't help the buyers properly. Also, the Bank of...
EUR/USD Technical Analysis Right now, EUR/USD is hovering around 1.0560, showing some consolidation after a recent drop. I’m watching 1.0530 as a key support level—if it breaks, we could see the pair slide further toward the 1.0500 mark, which is...
AUD/USD Technical Analysis: At the moment, AUD/USD is trading close to 0.6400, showing a bearish trend below the 50-day moving average. I see strong support at 0.6370, and if this level breaks, the pair could slide further toward 0.6300. On the...
