The Canadian dollar shows limited movement on Thursday. In the European session, USD/CAD is trading at 1.4396, up 0.13% on the day. The Canadian dollar opened the week with sharp gains of over 1%, but has since given up about half of those gains....
The Euro initially showed some upward momentum during Thursday's trading session, but failed to sustain those gains and eventually retreated, showing continued signs of weakness. As the market struggles with further movement, the 50-day EMA remains...
Market Fundamentals: The Canadian Dollar (CAD) has faced significant challenges recently, primarily due to the Bank of Canada’s (BoC) aggressive monetary policy easing. Last week, the BoC cut its borrowing rates by 50 basis points to 3.25%, aligning...
USD-CAD PAIR FORECAST I tried to see the potential movement on a smaller timeframe in this case using the H1 chart. It can be seen that the price movement for one week in a row represented by a more dominant candlestick arrangement is bearish. ...
EURUSD DAILY ANALYSIS How are you today, hopefully you are all in good health and of course today's trading plan can run smoothly according to expectations . EURUSD has an interesting setup for our daily trading. Where in yesterday's trading the...