USD/JPY USD/JPY Rises to Over 149.00 After Soft US CPI Data USD/JPY rises to near 149.00 as the US Dollar rises following weak US inflation statistics for February. Cooling US inflation is expected to increase Fed dovish bets. Despite the fact that...
USD/CAD USD/CAD Gains Some Support Near 1.4400 Amid US CPI BoC Policy Decision Key Analytics: The Canadian Dollar slipped 0.5% higher on Wednesday. The Bank of Canada delivered a broadly expected 25 bps rate cut. Trade war concerns continue to...
USD/JPY The USD/JPY pair has been showing strength recently, fueled by a bullish USD and Japan’s ongoing dovish stance on monetary policy. Technical Analysis: I’ve noticed that the pair has broken above the key 135.00 resistance level, which could...
USD/CAD For the USD/CAD pair, here’s my take on the current technical and fundamental situation: Fundamental Analysis: U.S. Economic Data: I’m keeping an eye on U.S. economic indicators like GDP growth, unemployment, and inflation. If the Federal...
Crude Oil (#CL) Technical Analysis Crude Oil (#CL) is trading at 67.72, showing consolidation near the support level of 65.12 and below the resistance at 68.42. The Zigzag Indicator, which filters out minor price fluctuations and identifies key...