USD/CAD Trends and the Impact of Recent CPI Data Overview of Recent Market Movements The USD/CAD currency pair has exhibited a significant downward trend in recent trading sessions, with a decline of over 1% over the past five trading days. This...
The USDCAD currency pair is currently trading near a significant resistance level at 1.4211 on the H1 timeframe. If the market manages to break through this level, it could present a strong buying opportunity, as a breakout often leads to a test of...
As of February 19, 2025, the EUR/USD currency pair appears to have abandoned its attempt to reach the target range of 1.0534 to 1.0575. To confirm this reversal, it is essential for the current trading session to close below the level of 1.0458. If...
EURGBP H4 Forecast Fundamental Overview The EUR/GBP pair is under pressure as market sentiment is affected by the economic situation in the Eurozone and the UK. The euro is facing challenges from weak economic growth and the European Central Bank’s...
Market Fundamentals: Japan’s third-quarter GDP was revised upward to 0.3% growth from the previously estimated 0.2%, while the annual expansion stood at 1.2%, exceeding the prior forecast of 0.9%. Despite this improvement, the economy experienced a...