Fundamental Analysis The GBP/USD currency pair trades near the 1.35404 level, caught in a consolidation phase driven by divergent central bank policy expectations and economic growth outlooks between the UK and the US. Sterling maintains moderate...
The USD/CAD continues its downtrend for a second day in a row on Thursday amid broader USD softness and the hawkish tone of the recent BoC meeting in September. Rising oil prices add another boost to the Loonie. The USD/CAD currency pair is trading...
XAU/USD Christopher Waller, the governor of the Fed, dampened expectations of an interest rate increase in September. The August Nonfarm Payrolls report for the US will be released on Friday. For the second day in a row, XAU/USD is rising; bulls...
NZD/CAD is falling towards the pivot, which is a pullback support that aligns with the 161.8% Fibonacci extension and could bounce towards the 1st resistance, which is a pullback resistance. Pivot: 0.80584 1st Support: 0.79947 1st Resistance:...
Primary Trend and Market Structure On the H4 chart, Silver (SILVER.m) is trading near 66.147 after a sharp drop from the 66.33 high on 31 July. The RSI(14) at 57.12 shows fading bullish momentum, while the MACD (12,26,9) prints a negative histogram...
