During Thursday’s North American session, the spot price dipped below the pivotal 1.3950 level, driven by a mix of market forces. Softer-than-expected Canadian Consumer Price Index (CPI) data, combined with strong U.S. Retail Sales figures from the...
The market's broader trend on the H1 timeframe shows a recovery from the lows near 0.6460. After an extended bearish phase, the pair has begun forming higher lows and higher highs, suggesting a shift in sentiment toward bullishness. However, the...
Important Points of GBPJPY: Today, the GBPJPY market has dropped below the 196.00 level, signaling a shift in market sentiment as sellers gain strength. This downward movement suggests a bearish trend for the pair, which may continue throughout the...
USD/ CAD Price Action Stance Analyzing the current price behavior of the USD/ CAD currency pair is crucial. I am watching the support indicated below to see whether they will be able to push through it or not. They pushed off, as predicted, from the...
Yen dives back to July’s lows Tough times have hit the Japanese currency. According to Bloomberg, the yen has taken a significant hit against the US dollar. For the first time since July, the dollar/yen pair crossed the 155.00 mark. This is a...
