The Spot price experienced a dip against the US Dollar (USD) on Friday, trading around the 0.5750 mark during the Asian trading session. The NZD's weakness is largely attributed to US President-elect Donald Trump's escalating threats of further...
The spot price has seen a modest rebound, recovering some of its recent losses and trading around the 1.0500 level during Yesterday’s US session. However, a closer examination of the daily chart shows the pair is testing the upper boundary of its...
The Spot price is struggling to maintain its strength despite firm crude oil prices this morning, as broader concerns about China’s economic slowdown weigh heavily on commodities. This underperformance of the CAD has pushed the USD/CAD pair back...
Gold retreats in a sharp two-day correction On Friday, gold extended its two-day bearish correction after testing resistance at Thursday's previous swing high of $2,721 (B). The sell-off was significant, with prices hovering near daily lows around...
The price continues to maintain a cautiously bullish stance, primarily supported by the strength of the US Dollar and a broader risk-on market environment. Despite the upward momentum, the pair is facing some technical challenges, particularly as...