TRADING CHART ON USD CAD D1. The USD/CAD chart illustrates a strong bullish trend, with the price currently at 1.43736, nearing a significant resistance level around 1.4450. This resistance aligns with previous highs, making it a critical area to...
Gold prices demonstrated a renewed bullish momentum on Tuesday, buoyed by several key factors. Firstly, the Chinese government's pledge to implement further economic stimulus measures to bolster growth significantly boosted investor sentiment...
Certain scheduled economic events and reports occur on a monthly basis and can significantly impact forex market prices. We should look our for them and trade very carefully during these times. 1. Non-Farm Payrolls (NFP) - USA Timing: First Friday...
The Federal Reserve's expected 25 basis point rate cut at the FOMC meeting led to a sell-off in the gold market, causing the price to fall sharply. Although it briefly dipped below the psychological level of $2,600, the price was able to recover...
T E C H N I C A L _ A N A L Y S I S E U R / U S D Good Morning Visitors. Let’s focus on the EUR/USD price action. EUR/USD is trading at 1.0429 at the time of writing. The US dollar index is in positive territory, which indicates that the US currency...
