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USD/CAD Analysis: Consolidation Phase and Mixed Signals The USD/CAD currency pair is currently trading around the 1.3650 mark, where the market appears to be in a consolidation phase, striving to stabilize its position. However, when considering...
EUR/USD Technical and Fundamental Analysis The EUR/USD pair is currently in a strong uptrend supported by a bullish market structure. The price trades above the 50-day SMA and the 200-day SMA, confirming the trend's strength. The pair tests a key...
General Points about GBPUSD: Today, the UK Construction PMI data will be released, which could further strengthen the Pound. An economic indicator reflecting the performance of the construction sector and providing insight into overall economic...
The Australian dollar showed a modest demonstration during the negotiation on the early Thursday, but their profits seem too extended, and gradually losing ground against the US dollar. The recent ascending movement seems unsustainable, which...
