The European Central Bank's decision to reduce interest rates by 25 basis points on Friday has further weakened the Euro, pushing the pair near the 1.0550 level. This downward trend, which began after the pair peaked above 1.1200 in late September,...
The Impact of Silver Price Action Our conversation is focused on the analysis of Silver's current price behavior. The quote is looking towards the south, and there are no prerequisites for changing the downward trend to an upward one. Only when...
The spot price continues its winning streak for the sixth consecutive day, trading near the 1.4100 level during Friday’s Asian session. The pair reflects cautious optimism as traders anticipate key economic data releases from both the US and Canada....
Technical Analysis of USD/CAD The Canadian dollar has remained unchanged in the past week, remaining in a sideways range between 1.3862 and 1.3947. The price has tried to squeeze all the boundaries many times, but so far without success. At the same...
The spot price finds itself under pressure, hovering around the critical support level of 1.2600 against the US Dollar (USD) during Friday’s New York session. This marks the fourth consecutive session of losses for the GBP/USD pair, driven by a...
