THE CURRENCY PAIR CAD-JPY Hello everyone! Let's look at the CADJPY chart on the H1 timeframe. Here we see that a weak upward trend has been prevailing this week. The BoA (50) indicator is consistently below the price. In this situation, the right...
The pair softened during early European trading on Thursday, edging closer to the 0.8880 level. This move comes ahead of the highly anticipated US Federal Reserve (Fed) interest rate decision later in the day, where a significant rate cut is widely...
The pair is navigating a complex landscape shaped by a confluence of factors. While higher oil prices, an export, should generally provide support for the Dollar, the overall strength of the Dollar is currently exerting significant upward pressure...
The future direction of the price will be heavily influenced by upcoming economic data. The recent pause in the Dollar's rally underscores the importance of key indicators such as inflation, employment, and GDP growth. Strong data could reignite...
The GBP/USD currency pair extended its winning streak for the second consecutive day, reclaiming the 1.2700 level. This recovery marks a partial reversal of the previous week's losses, bringing the Sterling back to its recent medium-term trading...
