Shorting gold or buying it at current prices does not present an optimal opportunity for short sellers. The reason is that once the initial impulse wave to the upside concludes, the prevailing downtrend will be broken. Therefore, if prices fail to...
USD/CAD Greetings and Good Morning to everyone! Today, the ADP Non-Farm Employment rate will change the entire market sentiment later. So, the USD/CAD market can cross the 1.4566 level today or tomorrow. Also, volatility Management: Economic...
In Wednesday's European session, the pound sterling (GBP) value rises to around 1.2500 about the US dollar. Following US President Donald Trump's decision to postpone tariffs on Canada and Mexico, the US dollar loses risk-premium and gives up its...
USD/CAD looks ready for another disadvantage after breaking key support - the instructions could take control. With Trump delayed tariffs, CAD Bulls could see EUR/CAD opportunities for a potential decline. Meanwhile, concerns about the trade war...
GBP/USD Price Action Momentum GBPUSD resumed its bullish rely. Buyers managed to bring the price out of the sideway area. The dollar index which weakened significantly again made GBPUSD rise again. The price position tonight is in the resistance...
