The USD/CAD exchange rate, currently sitting at 1.3740, is experiencing a bearish trend. This indicates a decline in the value of the US dollar relative to the Canadian dollar. The downward trajectory of this currency pair suggests that market...
Previously, USDCAD experienced a very deep decline after the candle was unable to penetrate the supply area at the price of 1.3782. If I'm not mistaken it happened on Wednesday. The currency pair was able to fall by around 70-80 pips. However, after...
EUR-AUD PAIR ANALYSIS The release of the Australian CPI news made EURaud move aggressively today. Data that exceeded expectations made the Aussie dollar strengthen further against the euro. It seems that Australian inflation is still high. In this...
The GBP/USD currency pair, which represents the exchange rate between the British pound and the US dollar, is currently trading around 1.2708. This pair is one of the most closely watched in the forex market due to the significant economic and...
EUR-AUD PAIR FORECAST The Australian central bank's hawkish comments at last week's interest rate announcement had an instant impact on the strengthening of the AUD in general, including the weakening that occurred in EURAUD which has been going on...