Gold continued to show selling pressure on Wednesday, falling to a new low of 2,575 and trading near daily lows with the potential for further declines before the session close. This decline marks a sustained bearish correction for the precious...
Technical analysis of the EURUSD pair The technical analysis of the pair on a daily chart shows more decline in the coming days. The EURUSD price started trading this month within descending price channels that represent the general trend of the...
EUR/USD Fundamental Outlook: Right now, the EUR/USD pair seems heavily influenced by the economic climate in both the Eurozone and the U.S. On the euro side, the ECB’s more cautious approach to rate hikes, especially with weaker economic data and a...
The USD/CAD pair continued its upward trajectory on Thursday, reaching the 1.4010 level during the Asian trading session. This marks a five-day winning streak for the pair, driven by a combination of factors. Technically, the pair is trading within...
The USD/CAD currency pair is currently trading at 1.40137, and the market sentiment leans bearish at this time. The pair has been moving slowly, indicating a lack of strong momentum in either direction. However, the current setup suggests that a...
