The outlook for the pair remains closely tied to broader economic conditions, with key developments from both the U.S. Federal Reserve and the Bank of Canada playing crucial roles. The Federal Reserve’s recent decision to ease monetary policy has...
The USD/CAD currency pair is currently consolidating around the 1.4400 level, exhibiting sideways trading during the North American session on Tuesday. This subdued movement reflects a broader trend of reduced volatility in the US dollar (USD)...
The AUDNZD pair has essentially completed a retracement, with the price moving down from the FR 50 - 1.0972 level to the FR 61.8 - 1.0925 level. Additionally, the price that was rejected around the 200-day moving average has bounced back above the...
USD/CHF Technical Analysis: Right now, USD/CHF is trading around 0.8550, showing a slight bullish bias. I’m keeping an eye on key support at 0.8520 and 0.8500, while resistance sits at 0.8580 and 0.8600. RSI is hovering near 55, suggesting mild...
TRADING CHART ON GBP USD H1. The GBP/USD pair has shown a predominantly bearish trend on the H1 chart, as evidenced by the price's consistent trading below the 200-period moving average. This moving average acts as a dynamic resistance, reinforcing...
