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...
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 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...
Gold has been caught in a delicate balancing act, influenced by a mix of economic data, geopolitical risks, and investor sentiment. While the weaker U.S. Dollar has provided some short-term support for the precious metal, gold faces potential...
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...