Current Market Dynamics At present, the USD/JPY is exhibiting bullish momentum according to several technical indicators. This bullish sentiment is further supported by the price's position above the 72-period moving average (MA72), which often acts...
The current exchange rate for USD/CAD is 1.3514, and the market is exhibiting a bearish trend. This downward movement suggests that the Canadian dollar may be strengthening against the US dollar. Several factors could contribute to this trend,...
*GBP/USD Battles 1.3400 Level for Definitive Bullish Breakout* The GBP/USD pair continued its upward trajectory on Wednesday, advancing modestly beyond the 1.3400 level following the release of the US Personal Consumption Expenditures (PCE)...
The USDCAD 1-hour chart presents a bearish market structure from mid-September until the current period, with multiple liquidity zones (DLiq) and fair value gaps (FVG) defining key price actions. The chart displays a clear decline after reaching the...
The value of gold compared to the US dollar has been significantly impacted by various economic factors recently. Yesterday, gold reached a new record high, driven by the expectation of a more accommodative Federal Reserve and the prospect of...