The USD/CAD currency pair experienced a notable surge of over 40 pips from its early European trading lows on Thursday, reaching intraday highs near the 1.4435 region. However, this upward momentum proved short-lived, and the pair subsequently...
WTI Daily Time Chat Analysis West Texas Intermediate futures fell nearly 10%. The index fell after hitting a strong resistance level at 80.59, the highest level in the last six months. The price fell below the 200-day simple moving average (SMA) and...
Profiting from GBP/USD Price Action The analysis of the GBP/USD currency pair's price behavior is currently under discussion. On Monday, GBP/USD started with a decline before rebounding. Resistance at 1.24956 was likely, triggering a false buy...
Main Takeaways about AUDUSD Currently, the AUDUSD market is moving around the 0.6211 level. The recent price action indicates that the pair has been experiencing fluctuations driven by key economic events. Earlier this morning, the U.S. Federal...
USD/JPY loses bull momentum as a key technical level Bear signals are strengthened, with lower trends RSI and MacD Hawkish USA Rates of Reproduction, Increased US Assets Award creates asymmetric risks of disadvantages Key data US and Japan ahead and...