PAIR REVIEW EURUSD Good morning. The EUR/USD pair, unlike the pound, failed to reach its target level of 1.06. On the one hand, this shows the weakness of the single currency. The pair settled in the current range (~1.05-1.067). So, to go to its...
USD/CAD Greetings and Good Morning guys! The market of USD/CAD bounced up and crossed the 1.4155 zone on Friday. It shows the power of US news events with the negative data released from the Canadian Unemployment and Employment rates. So, the market...
USD/CHF Good Morning to everyone! The SNB Monitory Policy and Rate Statement might help the sellers of USD/CHF this week. But the US Unemployment rate, CPI, and PPI rates are also important to change the market sentiment. Also, an increase in...
The hourly chart of USD/CAD presents a strong bullish momentum, evident from the substantial upward movement in the recent sessions. Key indicators such as the moving average and RSI are signaling critical overbought levels and trends, which can...
XAU/USD Technical and Fundamental Outlook Technical Analysis: XAU/USD is showing clear bullish momentum today, with gold testing the intraday high at 2650. However, the market is now returning to the support level at 2627. On the hourly chart,...