Market Analysis of CADJPY The CADJPY currency pair has been exhibiting positive bullish movement, particularly on the H1 timeframe. Currently, the price is trading above the 50-period Moving Average (MA), indicating a strong bullish trend. However,...
AUD / USD: Hn Hourly Time Frame Recommendation The market of AUD/USD tripped under a sideways condition over the last three days. Price movement has remained within a limited range, reflecting indecision among buyers and sellers. It hit the 0.6300...
The USD/CAD pair struggles to extend its previous day's bullish momentum and trades with a mild bearish bias in the Asian session on Friday. Despite this, spot prices remain supported above the critical 1.4400 handle, reflecting a modest recovery in...
AUD/USD AUD/USD Rises Despite Stronger US Dollar, Likely to Trade In A 0.6260/0.6315 Range On Friday, the Australian Dollar was supported by rising commodity prices such as gold, steel, and iron ore. However, as fears of a worldwide economic...
The Japanese Yen (JPY) continues to weaken amid a mild improvement in global risk sentiment, with the USD/JPY pair climbing toward the psychological 149.00 level. This depreciation follows the announcement that Japan's Rengo trade union secured an...
