The USD/JPY currency pair exhibited a nuanced trading pattern during Tuesday's European session, with the Japanese Yen experiencing a minor dip against the US Dollar, though the downward momentum appeared to be moderating. The Yen's recent weakness...
The SILVER H1 chart currently shows a retracement after a strong bullish move, with the price trading around 32.150. The recent price action indicates a correction from higher levels, and the Bollinger Bands suggest that the market is approaching a...
USD/CAD Price Forecast USD/CAD holds onto gains near 1.4260 amid renewed fears of Trump tariffs on Canada and Mexico. Canada’s inflation has remained below BoC’s mandate in the last three months. BoC’s Macklem warned that the impact of Trump tariffs...
Despite the optimistic technical outlook, it is crucial for traders to remain mindful of external macroeconomic and fundamental factors that could introduce unexpected volatility. The forex market is highly sensitive to economic data releases,...
The Australian dollar (AUD) staged a recovery against the weakening US dollar (USD) on Tuesday, capitalizing on declining US Treasury yields. Market participants are now keenly focused on Australia's upcoming monthly inflation report, scheduled for...