USD/CADollar Weakness Election Uncertainty The USD/CAD currency pair is currently under significant strain due to the weakening of the U.S. dollar, prompted by a combination of unfavorable economic indicators and the uncertainty surrounding the...
Fundamental Outlook: Gold is trading within a tight range, with XAU/USD moving between $2,724 and $2,749, as investors await early US election results. Currently, the bias remains tilted toward buyers, supporting the existing upward trend. In the...
Recovery and Technical Challenges Ahead The EUR/USD pair has seen a modest recovery, climbing above the 1.0900 threshold after a recent downturn. This upward move faces immediate resistance at the 50-day EMA, which sits near 1.0937. The 200-day EMA...
The spot price recently faced significant price resistance, testing the $0.5180 level on Tuesday before encountering multiple rejections. As of Wednesday’s early session, XRP was trading slightly lower at $0.5122, down by 0.2%. The critical question...
Good morning, the appearance in the UsdCad market that I see for this week's trading period is still running under seller control or still experiencing a downward correction unlike the market situation in previous weeks. For the atmosphere of the...