Gold Analysis: Bear Flag Faces Challenges, Reversal Potential Gold attempted to break out of a bearish flag pattern on Friday, falling below both the low of the flag and the 20-day moving average (MA), which coincided in the same price zone....
USD/CAD Greetings and Good Morning to everyone! The current market sentiment of USD/CAD looks in favor of sellers. Because e the US dollar got weakness after the negative news events. So, I expect that the market will remain in favor of sellers in...
The Canadian dollar-Swiss franc exchange rate is currently trading below two key moving averages, suggesting the potential for a shift from a bullish to a bearish trend. The 50-day exponential moving average (EMA 50) may soon cross below the 200-day...
General points of CADJPY: I have noted that the Japanese Yen has been stronger compared to the Canadian Dollar in recent times. Macroeconomic factors have influenced the CADJPY pair significantly. This week, we observed that the Canadian...
GBP/AUD Weekly Outlook Greetings and Good Morning to everyone! This week, the Australian news data was not too good as the Retail sales and the BA governor's speech couldn't bring anything for the dollar. Whereas, the BOE's governor speech and...