The USDCAD H4 chart presents a well-defined trend structure, showcasing a prolonged bullish movement that led to a significant uptrend before experiencing a breakdown at the key level of 1.4290. The price previously followed a consistent upward...
Technical Analysis of AUD/USD Today, we will conduct a detailed technical analysis of the AUD/USD currency pair. Currently, the market is trading between a support level of 0.6219 and a resistance level of 0.6294. At this moment, the market is...
Gold (XAUUSD) News Updates! Recent developments as of February 7, 2025, have significantly impacted gold prices. Gold has been experiencing a remarkable rally, reaching record highs. On February 7, 2025, spot gold was up 0.4% at $2,866.58 per ounce,...
The USD/CHF pair experienced a rise to around 0.9060 during early European trading on Friday, driven by a resurgence in demand for the US dollar. This recovery provided some respite for the pair after a period of downward pressure. Market focus now...
The British pound strengthened against the US dollar on Friday following the release of a weaker-than-expected US non-farm payrolls report. The GBP/USD currency pair fluctuated between 1.2418 and 1.2491, ultimately closing the day at 1.2451, a 0.15%...
