The Pulse of Pair: USD/ CAD Prices We should have an in-depth discussion on the price action outlook of the USD/ CAD currency pair. I expect the instrument to start forming a downward direction, and for now the pair is trading having formed an...
The British Pound (GBP) experienced a dip to two-week lows following a speech by Bank of England (BoE) Governor Andrew Bailey. Bailey’s comments, signaling a potential shift toward more aggressive interest rate cuts in response to subdued inflation,...
Analysis of Recent USDJPY Movements: Key Trends and Resistance Breakout The US dollar-to-Japanese yen exchange rate (USDJPY) has exhibited interesting behavior in its weekly time frame chart. The price had been following a bullish trend for an...
USD / JPY: An hourly time frame Recommendation A bullish scenario emerged in the USDJPY market last week, suggesting that bulls could keep up their pressure on bears, or sellers, in the upcoming days. This momentum points toward a potential...
The European Central Bank (ECB) is expected to lower its Deposit Facility rate by 25 basis points (bps), bringing it down to 3.25%. This would mark the second consecutive rate cut by the ECB, signaling a shift in monetary policy aimed at supporting...
