The USD is currently strong, and crude oil prices are weak, leading to a bullish outlook for the USD/CAD currency pair. Impact of Crude Oil Prices on the Canadian Dollar (CAD): Canada is one of the world's leading oil exporters, and the value of the...
AUD/USD Technology Outlook D-1 Chart On Friday, after testing the local resistance level from the bottom up on the Australian dollar, which according to my markings is located at 0.64086, the price was reversed and hesitantly pushed to the south, as...
Bitcoin Analysis The daily chart of the Bitcoin/US Dollar (BTC/USD) pair shows a significant change in trend structure as it transitions from a period of extreme downward pressure to a period of strong upward reversal. Bitcoin initially faced strong...
The New Zealand Dollar (NZD) against the US Dollar (USD) continued its upward trajectory from the preceding trading session, trading around the 0.5960 level during the early hours of Friday's European trading. A review of the daily chart's technical...
GBPUSD Explained The GBPUSD currency pair, often referred to simply as "Cable," represents the exchange rate between the British Pound Sterling (GBP) and the United States Dollar (USD). In forex trading, it is one of the most popular and heavily...
