Buyers are still consolidating today and could break the 1.2832 level. So we can open a buy order with a short target of 1.2855. Also, the US CPI is a fundamental measure of inflation because it measures the average change over time in the prices...
Protecting Your Trades with Stop Loss: When trading, one of the most important things you can do is protect your trades with a stop loss. A stop loss is an order that automatically sells a security when it falls to a certain price. This helps limit...
The currency pair is facing significant challenges in sustaining the modest recovery it saw over the past two days. During the Asian session on Wednesday, the pair fluctuated within a narrow range around the 1.2750 mark, remaining well within...
USD/CAD Price Dynamics: It forms a series of higher peaks and valleys in the daily time frame. But, indicators give inverse signals. Yesterday, the market opened at the 1.4166 level. During yesterday's trading session, it reached a high of 1.4193...
Important Points about USDCAD: The USDCAD market is currently trading at the 1.4190 level, positioning itself within a crucial zone as market participants await key economic data releases. In the coming hours, the Canadian Unemployment and...