USD/CAD CURRENCY PAIR ANALYSIS: The USD/CAD price remains within the range established during the last trading day. Despite staying within this range, the currency pair has shown some bullish strength in a localized trend. This suggests that there...
Greetings, let's dive into the technical analysis of the USD/JPY currency pair. Based on my observations, the outlook appears to be bullish, and I expect an upward movement in the near future.The key resistance level that I'm closely monitoring is...
Yesterday, the EUR/USD continued its downward movement but by the end of the day it eventually remembered that it was Monday, not Friday. Thus, in less than a day, the euro lost about 170 pips, which is significant, especially considering the...
The US labor market data for May turned out to be significantly unexpected – nonfarm Payrolls in the US rose 272,000 in May (forecast was +185,000), average hourly earnings rose by 0.4% (previous month +0.2%), and the labor force decreased by...
EUR/USD Outlook Greetings and Good Morning to All new and old visitors! The market of EUR/USD has been dripping since yesterday. It had reached around the 1.0747 zone. This scenario is not better for the buyers of EUR/USD. We should understand the...