Cryptocurrency Trading Recommendations for January 23rd (US Session) Bitcoin continued its correction in the first half of the day, reaching the $101,000 level. Despite the correction from yesterday's $105,000 level, buyers are still hesitant to...
Market Fundamentals: The Canadian Dollar (CAD) has faced significant challenges recently, primarily due to the Bank of Canada’s (BoC) aggressive monetary policy easing. Last week, the BoC cut its borrowing rates by 50 basis points to 3.25%, aligning...
The Canadian dollar shows limited movement on Thursday. In the European session, USD/CAD is trading at 1.4396, up 0.13% on the day. The Canadian dollar opened the week with sharp gains of over 1%, but has since given up about half of those gains....
Market Fundamentals: The price regained ground after Thursday’s losses, supported by escalating geopolitical tensions between Ukraine and Russia. Russian President Vladimir Putin signed a decree revising Moscow’s nuclear doctrine, allowing the...
The EUR/JPY H1 chart illustrates a predominantly bullish trend, with the price consistently forming higher highs and higher lows. The movement is supported by the divergence of the moving averages, which indicate a strong upward momentum. The...