USD-CAD PAIR FORECAST The bullish USDCAD pair is proof that the USD exchange rate is strengthening again and that there is still a lot of demand in the world of international trade. So if someone says that BRICS will threaten USD hegemony, I still...
GBPUSD D1 The British Pound (GBP) faced headwinds on Friday after a three-day rally, as the US Dollar (USD) strengthened. The GBP/USD pair dropped to around 1.2760 after the US Dollar Index (DXY) rebounded above 105.00. This rise in the USD came...
T E C H N I C A L _ A N A L Y S I S N Z D / U S D Hello, Fellow traders, it is my pleasure to greet you and wish you the best of luck in your future endeavors. NZD/USD is trading at 0.6134 at the time of writing. It's possible that NZD/USD will now...
Crude Oil Market Analysis: Bullish Trend Confirmed With Key Technical Indicator The current crude oil price is at 78.48 as of market close. Analyzing the H4 chart, the price is currently above the 50 and 100 SMAs (Simple Moving Averages). These SMA...
The Australian dollar faces potential downside pressure despite a positive labor market report. The RBA's hawkish stance and rising US interest rates are fueling demand for the US dollar. Although weak US data emerged, the US dollar remains strong....