The USDCAD pair is currently trading at 1.4212, and I believe the recent price action is influenced by a combination of economic data and technical factors. On Friday, Canada released its December retail sales data, which showed a significant...
XAU/USD Price Forecast: Technical outlook Gold climbs as Trump’s trade policies fuel investor uncertainty. US 10-year Treasury yield dips slightly, providing a tailwind for bullion. Overbought conditions suggest bulls may face exhaustion near record...
GBP/USD Price Action Review There was no significant price gap at the opening of the GBPUSD market this morning, but buyers immediately took control and brought GBPUSD back up to break its nearest resistance line. However, the bullish movement did...
The US dollar is currently in no hurry to strengthen, and I believe this has allowed the Swiss franc, along with other currencies, to capitalize on the situation. I observe that the past trading week concluded near a significant support zone, from...
TRADING CHART ON USD/JPY H1. Here's a look at the USDJPY pair today, using the 1-hour chart. We're checking its price, which is about 149.46. We'll use technical and basic news to look at price levels where sellers might step in, around 150.34 and...