The price has recently seen a notable shift against the US Dollar, with the pair trading close to 1.3140. This upward momentum follows a recent low of 1.2666, marking a significant rebound. The trend reversal is attributed to a positive divergence...
General Points of GBP/CAD: The market of GBPCAD can breathe the 1.7945 level during the CPI data mints or at the London session. The Canadian CPI data was also not good and it makes the dollar uncertain today. For GBPCAD traders and analysts,...
In the early US session on Tuesday, the pair is trading flat around 1.3590. The US Dollar (USD) has managed to rebound slightly as calm returns to the markets, which has helped stabilize the pair and limit its losses. As the day progresses,...
The price is currently facing resistance as pressure on the US Dollar (USD) eases, due to a notable reduction in expectations for a significant interest rate cut by the US Federal Reserve (Fed) in September. The CME FedWatch Tool reveals a sharp...
EUR/USD: Simple Trading Tips for Trade Analysis and the Euro The marked levels I indicated were not tested in the second half of the day. As a result, finding suitable entry points into the market was impossible. Despite relatively decent US data,...