The USD/CAD H1 chart shows a highly volatile market, characterized by a sharp bullish rally followed by an equally strong correction. The price is currently trading around 1.4343, consolidating after a significant drop from recent highs near 1.4800....
USD/CAD: Market Drivers and Key Moves Today(February 6,2025) Tariff Tensions Weighing on the Canadian Dollar The big news today is the renewed tariff issue between the US and Canada. On February 1, 2025, the US introduced a 25% tariff on Canadian...
USD/CAD Greetings and Good Morning to everyone! Yesterday, the market of USD/CAD dropped sharply down and reached around the 1.4336 zone. The Trump speech made the US dollar weak this week. However, I expect that the sellers will come back and cross...
The USD/CHF currency pair has recently experienced a significant crossover between the 50 and 200 Exponential Moving Averages (EMAs) on the hourly (H1) timeframe, which is typically interpreted as a strong bearish signal. This technical indicator...
GBP/USD Daily Technical Analysis GBP/USD showed signs of rejection at the $1.24900 level on the daily timeframe, indicating potential weakness in bullish momentum. Initially, the price broke above this level, even closing above it on the H4...
