The USD/CAD pair has recently consolidated around the 1.3960 level, after a period of upward momentum. While the Canadian Dollar (CAD) has received some support from higher crude oil prices and a potential slowdown in Bank of Canada rate cuts, the...
General Points of GBPUSD: Currently, the GBPUSD market is trading at the 1.2655 level, showing some consolidation at this price point. The UK CPI (Consumer Price Index) and Monetary Policy Report, which were closely monitored, have not provided any...
AUD-USD H4 TIME FRAME If we look at the condition of the AUDUSD currency pair in the last two weeks which has been more dominantly moving in its bearish path, then it is likely to try to move down again targeting the decline target in the range of...
WTI crude oil prices stabilized around $68.95 on Thursday, despite a slight increase in US crude oil inventories reported by the Energy Information Administration (EIA). The market's focus remains on geopolitical tensions between Russia and Ukraine,...
The AUD/USD currency pair experienced a brief recovery on Thursday, bouncing from recent lows. This rebound was primarily driven by a weaker US Dollar and supportive comments from Reserve Bank of Australia (RBA) officials. The US Dollar weakened...
