Specialized Analysis of USD/ CAD The Canadian bone has remained unchanged in the once week, remaining in a sideways range between 1.3862 and 1.3947. The price has tried to squeeze all the boundaries numerous times, but so far without success. At the...
West Texas Intermediate (WTI) crude oil futures held steady around $68.40 a barrel on Friday, as a decline in US fuel inventories offset concerns about oversupply. The US Energy Information Administration (EIA) reported a 2.089 million barrel...
The GBP/USD currency pair has continued its downward trend, falling below the 1.2600 level. This decline is primarily driven by a combination of factors, including a weaker UK economy, a stronger US Dollar, and negative technical indicators. The...
Gold prices continued their downward trend, marking a six-day losing streak and the largest weekly decline since September 2023. This decline is primarily attributed to a shift in market sentiment regarding the Federal Reserve's monetary policy...
Looking at the Bullish Trend of USDCAD on the H1 Time Frame: Looking at the chart of the USD/CAD in the H1 time frame, the current trend of prices is bullish, favored by the position of the Exponential Moving Average. EMA 100 is above EMA 200,...
