Hello, Sellers are now in charge of sentiment around the precious metal, pushing gold prices to daily lows near the $2,630 mark per troy ounce despite the dollar’s recovery. From a technical perspective, this week’s breakdown is below the...
The spot price briefly surged above the crucial 1.0500 support level during Thursday's North American trading session, but the rally was short-lived. Investor concerns are mounting over political instability in the Eurozone, particularly in France,...
The U.S. inflation data, set to be released soon, will play a pivotal role in determining the short-term direction of the USD/CAD pair. A slowdown in inflation could reinforce expectations of a Federal Reserve rate cut, which would likely put...
Technical analysis of the USDCAD pair The price is trading in a sell zone on the 4-hour chart as the weekly pivot level was broken and the opening of the previous candle, which was a reversal candle, was broken upwards. During this week, trading...
The price is facing downward pressure due to ongoing geopolitical tensions and a flight to safety into the Swiss Franc (CHF). Investor uncertainty surrounding the U.S. presidential election and instability in the Middle East are fueling demand for...