Hourly Chart Timeframe Analysis: Coming to the Hourly chart timeframe for the euro-dollar pair, the prevailing trend is similar to the bearish sentiment in the four-hour chart. The immediate support that I have identified is around 1.0640. This...
USD/CAD Price Forecast : USD/CAD surrenders some of its intraday gains even though the USD Index holds gains around 105.90. Trump promised to raise import tariffs by 10% and lower taxes. The Fed is expected to cut interest rates by 25 bps while the...
Technical Analysis USD/CHF H-4 chart Current price: 0.879 The pair is trading above both the MA50 and MA200, indicating a bullish trend in both the short and long term. Moving Average: MA50: Since the price is above the MA50, it indicates...
The Japanese Yen (JPY) has been under pressure due to recent comments from key political figures, including Japan's new Prime Minister Shigeru Ishiba. Ishiba’s statement that Japan is not in a position to raise interest rates any further has...
The USD/CAD pair is seeing mixed market reactions, driven by diverging views on interest rates from the Federal Reserve and the Bank of Canada (BoC). Former New York Fed President William Dudley recently suggested there could be room for a...