The EUR/USD currency pair has been facing downward pressure recently, and that trend may continue as market participants prepare for upcoming developments. One of the main factors influencing this is the anticipated policy decision from the European...
The pair plummeted during the European session on Tuesday, reaching a low of 0.6580. This decline occurred despite a recent period of resilience following disappointing economic data. While Australian retail sales stagnated in July and expectations...
The spot price started the week just above the 1.2830 mark, but a lackluster intraday performance saw the pair fall back below this key level, closing the day lower. This reversal in price action came after cautious comments from Federal Reserve...
Key Support Levels and Technical Analysis of the USD/CAD Currency Pair From the technical analysis perspective, the chart of the USD/CAD pair has reached a crucial juncture in price action, whereby the horizontal support at the 1.3890 level has...
USDCAD Price Insights The USDCAD pair that I see for this week's trading period is still running under seller control or still experiencing a downward correction, unlike the market situation in previous weeks. For the atmosphere of the market...