Market Fundamentals: The Canadian Dollar (CAD) remains under pressure amid growing bets for a larger rate cut, exacerbated by a rising domestic unemployment rate. However, a recovery in crude oil prices could help mitigate some of the CAD's losses,...
USD JPY USD/JPY – A Golden Trading Opportunity at 154.38 In the fast-paced and ever-changing world of forex trading, choosing the right currency pair is essential for success. USD/JPY, currently trading at 154.38, presents a prime opportunity for...
USD/CHF As of today, USD/CHF is trading around 0.9126, showing a 0.19% increase. The pair has rebounded from key support, keeping the bullish momentum intact. With market sentiment favouring the dollar, I'm watching for potential breakouts....
NZD/JPY on the H1 timeframe is showing a recovery after a recent downtrend, currently trading around 87.16. The price found strong support at 86.50, where it rebounded upwards, signaling a possible shift in momentum. Bollinger Bands indicate some...
AUD/USD is currently trading around 0.6255 after a strong recovery from its recent low near 0.6100. The price action suggests a sharp rebound, supported by bullish momentum. The Bollinger Bands indicate increased volatility, with the price extending...