USD/JPY extends gains with a move to all-time highs in sight The US dollar continues its ascent against the Japanese yen, signaling a strong uptrend that looks poised to challenge the critical 158 yen level. A break of this key resistance could pave...
USD/CAD Fundamental Analysis: 1. Higher Oil Prices and the Canadian Dollar: - The Canadian Dollar (CAD) is typically highly correlated with oil prices because Canada is a major oil exporter. Higher oil prices generally support the CAD, as they...
The currency pair has shown notable resilience, hovering near the bullish territory around the 1.4420 level, primarily driven by the U.S. Dollar's strong performance. Earlier in the session, the pair recorded a modest dip to 1.4345 before shifting...
Bitcoin's price is currently at $94,454, with recent movements indicating a bearish bias. The chart suggests the asset is under pressure, and momentum indicators support this downward trajectory. Traders need to watch for potential breakouts or...
NZD/USD Fundamental Analysis: The analysis of the NZD/USD currency pair is largely shaped by several fundamental factors that are contributing to the New Zealand Dollar's (NZD) weakness and the US Dollar's (USD) strength. Here’s a breakdown of the...