USD/CAD The Canadian Dollar shed 0.3% on Monday as Loonie flows dry up. The Bank of Canada is due to cut interest rates again later this week. Little else is on the economic data docket to drive the Loonie this week. The Canadian Dollar (CAD) fell...
GBPUSD Technical Analysis Hello, Good evening, traders! The GBP/USD has recently dropped to 1.2450, and this move is quite realistic in the short term. I'm not expecting much more movement beyond this level just yet. Over the past five trading days,...
Technical analysis of the GBPUSD pair The technical analysis of the pair on the 4-hour chart shows that the price has been trading in an upward direction for two weeks. This week opened within the price channels shown on the chart, which represent...
January 27, 2025, the Canadian dollar (CAD) is trading at approximately 0.6953 USD. USD/CAD retreats from 1.4400 as the safe-haven appeal of the US Dollar diminishes after Trump rolled back 25% tariff proposal on Colombia. Investors expect the Fed...
Welcome to my analysis Fundamentally, the EUR/USD pair has lost some ground over the past week, entering the 1.0745 price zone. The US dollar gained strength due to temporary demand in a bearish market, triggered by news that Evergrande, one of...
