•••USD/CAD: The Dollar’s Muscle vs. The Loonie’s Hustle(January 6,2025)••• • The USD/CAD pair is at it again, bouncing around 1.4404 on the buy side and 1.4401 on the sell side. It’s a tight spread, and traders are watching this pair like hawks....
The chart provided represents the NZDCAD currency pair on the H1 (hourly) timeframe. Let’s analyze the price action, indicators, and potential future movements. 1. Price Action The price is currently trading around the 0.8090 region, slightly below...
The GBP/USD currency pair commenced the new week with a subdued trading range above the 1.2400 level, struggling to capitalize on the modest recovery observed on Friday. This lackluster performance comes amid a broader bearish sentiment, with the...
Gold prices struggled to gain traction in early Asian trading on Monday, hovering around the $2,640 level. This subdued performance can be attributed to several key factors. Firstly, the release of the US ISM Manufacturing PMI data on Friday...
Hello dear forum members, Last night, the GBP/USD market crossed the 1.2394 level, signaling that sellers are once again challenging the buyers. Additionally, the US ISM Service and Manufacturing PMI indices came in stronger than expected, which...
