USDCAD USD/CAD outlook: U.S. Tariff Announcement on Canadian Goods: The latest tariff announcement on Canadian goods has created significant uncertainty, with markets reacting negatively. The Canadian Dollar (CAD) has taken a hit, as investors...
On Wednesday, the NZD/USD currency pair recorded a modest increase of 0.30%, reaching a price level of 0.5615. This uptick occurred as the pair extended its gains above the 20-day Simple Moving Average (SMA). The movement above this moving average...
Good evening how are you ! Hope you’re having a great start to your day. Let’s break down the GBP/USD chart and its potential trade setup based on your provided details. Current Price: 1.2409 Lower Price: 1.2383 Higher Price: 1.2609 Fundamental...
#CL You are right, most of the cartel countries will not rush to fulfill Trump’s wishes, but this is unnecessary, a few taking part countries are enough. For example, if Trump convinces Saudi Arabia to increase production, promising it a share of...
Technical Indicators Analysis 100 EMA (Exponential Moving Average): The 100 EMA is currently acting as a dynamic resistance level, which reinforces the prevailing downtrend in the market. This suggests that the price is struggling to rise above this...