Friday saw a 0.65% recovery in the value of the Canadian dollar relative to the US dollar. With US dollar movements dominating, Canada has nothing to report as the week comes to a close. After Trump kicked the tariff can down the road, market...
Market Fundamentals: The US Dollar experienced a sharp decline following reports from the Wall Street Journal (WSJ) indicating that tariff hikes were absent from a recent presidential memo. However, the memo revealed that former President Trump has...
Market Fundamentals: The Japanese Yen (JPY) struggled to capitalize on stronger-than-expected economic data from Japan, including Core Machinery Orders and the flash Manufacturing PMI. Despite these positive indicators, geopolitical tensions and...
Currency pair EURJPY - let’s consider the chart of the D1 period. The price was moving sideways throughout January. Of course, there were movements, but by the standards of the daily period, they were not large. The wave structure is neutral. The...
The EUR/USD H1 chart shows significant price action with strong support and resistance levels, trend direction, and key trading indicators. The price is currently hovering around 1.0361, which acts as a strong horizontal support level, as seen by...
