Navigating the intricate dynamics of the currency pair requires balancing macroeconomic fundamentals with technical indicators. The US Dollar has been recovering from recent losses, while Canada’s subdued growth prospects further complicate the...
GBP / CAD: My Recommendation for Investors A drop-down scenario appeared on GBPCAD also. And, the price hit the 1.7888 level yesterday. Today, I recommend a buy entry with a goal of 1.7955 assists. The GBPCADInvestorss can use both technical and...
European gas storage levels have dropped to 79% capacity, a notable decrease compared to 89% at the same time last year and below the five-year average of 81%. This shortfall is raising alarms about potential supply shortages as winter demand...
AUD/USD Looking at the AUD/USD pair today, it’s hovering around 0.6830, showing some slight upward movement after holding steady near 0.6800 support. I’ve noticed that the 50-day moving average acts as solid support, while the 200-day moving...
EUR/USD Technical Analysis Current Price: As of today, EUR/USD is trading around the 1.0650 level. Trend: I’m seeing a consolidation phase in the pair, with a slight bearish bias. The price has struggled to break above the 1.0700 resistance level,...
