The USD/CAD currency pair has recently exhibited intriguing behavior, making it an interesting focal point for traders and analysts alike. As of late, the pair has shown an upward trend; however, it failed to establish a new high. This phenomenon...
EUR-AUD PAIR ANALYSIS The release of the Australian CPI news made EURaud move aggressively today. Data that exceeded expectations made the Aussie dollar strengthen further against the euro. It seems that Australian inflation is still high. In this...
USD/JPY Monday, the day for the dollar and yen passed with a decline. The price tested support 158.986, it tested resistance 159.733. The day closed below these marks, when the price tests resistance, tests support and remains between levels, then...
Previously, USDCAD experienced a very deep decline after the candle was unable to penetrate the supply area at the price of 1.3782. If I'm not mistaken it happened on Wednesday. The currency pair was able to fall by around 70-80 pips. However, after...
Hello all traders how are you? Gold prices took a sharp turn on Friday, reversing course and dropping over 1.7%. This decline came after positive US economic data fueled investor expectations for a slower pace of interest rate cuts from the Federal...