Technical Indicators Suggest a Mixed Outlook The EUR/USD pair faces sustained downward momentum, yet technical indicators provide a more nuanced perspective. The Relative Strength Index (RSI) at 29.01 signals proximity to oversold levels, though it...
Bitcoin has reached a historic high, exceeding the $97,000 mark Investors continue to actively invest in cryptocurrency, expecting favorable policy changes under the new president. This was reflected in the bitcoin exchange rate, which increased by...
Further strength in the US Dollar kept the price action in the risk-associated assets depressed, sending EUR/USD back to the 1.0460 region for the first time since early October 2023 prior to key releases in the real economy Further losses may drive...
USD/ CAD Price Action Mastery Analyzing the current price behavior of the USD/ CAD currency pair is our topic of discussion. The quote responded to a higher than expected increase in the Canadian consumer price index. The downward movement is...