USD/CAD Outlook Introduction: Assalam Alaikum! As I analyze the USD/CAD currency pair, I'm actively seeking a buying opportunity. This discussion outlines the current market dynamics, my previous trading attempt, and future expectations. Previous...
The upward movement that started last night in the NZD/USD pair from the 0.6463-0.6426 range has now come to rest at a significant horizontal support level of 0.6257. This level holds particular importance in determining the next direction of the...
Technical analysis of the EURJPY pair On the 4-hour chart, we now have a strongly bearish candle that led to the price falling in the same upward wave that it achieved throughout the week. The price started trading this week within ascending price...
Tokyo's consumer price index (CPI), which excludes volatile fresh food prices, rose 2.0% in September from a year earlier, Japan's statistics office said on Friday. The number was in line with the Bank of Japan's (BoJ) target and the market's median...
The USD/CAD pair has regained positive momentum during the Asian trading session on Friday, building on this week's recovery from the 1.3420 area, the lowest level since March 8. While the pair remains below the 1.3500 level, key macroeconomic data...