The USD/CAD daily chart is presenting a consolidation pattern, with the pair trading near 1.34708 after experiencing a rejection from key resistance levels around the 1.38000 region. Over the past months, price action has been largely range-bound,...
As of September 24, 2024, the USD/JPY currency pair is exhibiting a slow yet bearish trend. The pair has shown signs of weakness due to various market factors, particularly the ongoing pressure from Japan’s struggling manufacturing sector and weak...
Oil Technical Analysis Crude Oil pops and tests above key level of $72 after China issues chunky financial injection. Florida braces for potential Tropical Cyclone Nine. The US Dollar Index steadies despite a surge in US yields. Crude Oil pops...
The spot price is on a remarkable winning streak against the US Dollar (USD), marking its third consecutive session of gains. On Tuesday, the pair reached a new two-year high of 1.3400, a significant milestone as the US Dollar drifts toward a...
This week, the USD/CAD trading trend seems to be following the bullish momentum observed last week. Despite previous declining market conditions, the pair could not break below the 1.3438 price zone, leading to a current upward trend. Analyzing last...