According to the information provided, the Audcad currency pair has turned bullish in Wednesday's trading. Initially, the price fluctuated within a limited range during the Asian session, with a bearish tendency as sellers tried to push the price...
The Chande Forecast Oscillator (CFO) is a technical analysis tool developed by Tushar Chande. It is used to identify the direction of a market trend and to measure the strength of the momentum. The CFO compares the current price of an asset to a...
Market Fundamentals: Speculation surrounding the interest rate decisions is keeping any significant correction in the US Dollar in check. The Fed is expected to cut interest rates again, likely by 25 basis points (bps) each time, following an...
AUDUSD AUDUSD outlook: The AUD/USD pair is navigating a challenging environment, driven by economic uncertainty in Australia, commodities pressure, and the resilient U.S. Dollar. Below is a detailed look at the current forces at play and what...
EUR/USD Price Movement Update The Euro exchange rate experienced significant pressure on Wednesday, ending its increase in the last two weeks. The main cause of this weakening was a series of dovish statements from European Central Bank (ECB)...