The Canadian employment data report is expected to affect the volatility of the AUDCAD currency pair's price direction. Previously, Australia's annual inflation rate (CPI y/y) increased from 2.1% to 2.3%, causing the price to rise above 0.8930....
Crude oil dipped to a four-day low of $73.00 on Thursday, testing the 50% retracement level at $72.97. However, buyers quickly regained control, sparking a robust recovery that pushed prices higher. By the day’s close, crude oil had not only erased...
The CADCHF currency pair is currently trading below a supply area on the daily chart, with prices ranging from 0.63423 to 0.64027. However, the pair is still above the dynamic support of the 5-day simple moving average (SMA5). If it maintains this...
Technical analysis of EURGBP Today I choose EUR/GBP for technical analysis; the market price is falling. Why did the market rise above the 0.8364 support after breaking all subsequent supports, and the market could move up to the 0.8364 main...
EUR/USD Trading Analysis Update Friday, January 10, 2025 Good afternoon all friends, on this afternoon I will try to analyze the EUR/USD currency pair using the H4 timeframe. It can be seen in the H4 timeframe that the price of the EUR/USD currency...