The currency pair has steadily rebounded, advancing toward the bullish zone near 0.9000 since early last week, driven by a strong performance from the Dollar. By the end of Friday’s trading session, it had climbed to 0.9016, signaling increased...
USD/CAD Fundamental Analysis: 1. Higher Oil Prices and the Canadian Dollar: - The Canadian Dollar (CAD) is typically highly correlated with oil prices because Canada is a major oil exporter. Higher oil prices generally support the CAD, as they...
NZD/USD Fundamental Analysis: The analysis of the NZD/USD currency pair is largely shaped by several fundamental factors that are contributing to the New Zealand Dollar's (NZD) weakness and the US Dollar's (USD) strength. Here’s a breakdown of the...
USD/JPY extends gains with a move to all-time highs in sight The US dollar continues its ascent against the Japanese yen, signaling a strong uptrend that looks poised to challenge the critical 158 yen level. A break of this key resistance could pave...
GBP/USD Price Move I am examining the GBP/ USD currency pair's real-time pricing analysis. As Sunday comes to an end, the GBP/USD market is set to reopen tonight, and traders are bracing for what could be a pivotal week ahead. Examining the H4 chart...
