Core Points about USDCAD It is quite surprising that the USD/CAD market has dropped significantly from the 1.4500 level. The sharp decline indicates that selling pressure has increased, pushing the pair lower. Due to some fundamental effects, the...
#CL You are right, Trump has such a way of negotiating and yet it is a way of blackmail, even with some elements. Trump offers to change some rules of mutual trade, start negotiations and justify his point of view, and delivers a very strong...
Technical Analysis EUR/USD D-1 Chart EUR/USD is navigating uncertain waters. The pair has found initial support at the weekly low of 1.0209 (Feb. 3), while a breakout above this area could put the 2025 low of 1.0176 back into view. If breached, the...
AUD/USD As of today, AUD/USD continues to struggle near multi-year lows, with both technical and fundamental factors weighing on its movement. Technical Analysis: I’ve been tracking the downtrend, and AUD/USD recently tested the 0.6130 support...
Shorting gold or buying it at current prices does not present an optimal opportunity for short sellers. The reason is that once the initial impulse wave to the upside concludes, the prevailing downtrend will be broken. Therefore, if prices fail to...