USDCAD USDCAD outlook: The USDCAD pair is being shaped by multiple factors, primarily the strength of the U.S. Dollar, fluctuations in oil prices, and the Bank of Canada's (BoC) policy stance. The U.S. Dollar remains resilient, supported by strong...
Hello everyone! I agree with the idea of a pullback and will observe its strength and the price action that unfolds during this phase. On the daily chart, the resistance level at 1.2228 has already been tested from below, which opens the possibility...
Technical Analysis: EUR/USD rebounds to near 1.0400 EUR/USD rises above 1.0400 as the risk-premium of the US Dollar eases amid diminishing fears of a global trade war. The ECB is expected to continue reducing interest rates amid confidence that the...
EURJPY EURJPY outlook: The EUR/JPY currency pair is influenced by the contrasting monetary policies of the European Central Bank (ECB) and the Bank of Japan (BoJ). The Euro is supported by the ECB's cautious stance on interest rate hikes as...
#NZD/USD If we look only at the technical data, then after yesterday's fall to determine the support level of 0.5508, we could expect a short-term sideways movement, but it was not there, as the prices after rebounding from the support rose,...
