USD/JPY Technical Analysis: Today, USD/JPY is hovering around 142.50, showing signs of consolidation. I’ve noticed the 50-day Moving Average (MA) near 143.00 acting as resistance, while the 200-day MA at 140.80 seems to be providing solid support....
GBP/USD Today, GBP/USD is hovering around 1.2640, after testing resistance near 1.2675 earlier. From what I’m seeing, the pair is still in a short-term uptrend, supported by the 50-day Moving Average (1.2600). The RSI is at 58, which points to a...
USD/CAD USD/CAD outlook: As the first week of 2025 kicks off, the USD/CAD currency pair is under significant scrutiny, reflecting the ongoing tug-of-war between U.S. economic resilience and Canada's dependence on oil exports. As of today, January...
The Sterling strengthened against most of its counterparts on Friday, buoyed by comments from Bank of England (BoE) policymakers signaling a cautious approach to monetary easing. BoE Deputy Governor Clare Lombardelli, speaking at King’s Business...
The Canadian political landscape remains tumultuous as Prime Minister Justin Trudeau continues to lead a minority government. Despite mounting pressure, including opposition parties pledging to introduce a no-confidence motion, Trudeau has made it...
