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...
Recent Strong Bullish Momentum in USD/CAD The USD/CAD currency pair has demonstrated significant bullish momentum in recent days, with buyers successfully crossing the critical level of 1.4400. This development indicates a favorable market sentiment...
•••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....
USD / JPY: An Hourly Time Frame Road Map This overbought level of 157.26 indicates that the bears or sellers will likely pull back, as the market reaches a point of resistance. The price has pushed too high without a clear retracement, and sellers...
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...
