•••USD/CAD Market Insight – November 6, 2024••• The USD/CAD pair finds itself in the spotlight today, with both fundamental and technical indicators pointing to an intriguing trading setup. The blend of recent U.S. economic performance and Canada’s...
•••GBP/USD Analysis: Consolidation Continues with Key Levels to Watch••• ••Introduction GBP/USD is currently trading within a tight range, hovering around 1.2890 for buying and 1.2885 for selling. The lack of significant movement today suggests a...
General points of USDCHF: It appears that you’ve observed the Swiss Franc (CHF) strengthening against the US Dollar (USD) in the USDCHF market, a trend that seems to differ significantly from the movements of other currency pairs, such as GBP....
Technical Analysis of Oil The technical analysis of oil on the 4-hour chart shows that the price is now bouncing from a support area, which is the retest area of the broken triangle. During this week, trading was opened inside the triangle marked...
The RBA will not repeat any rate cuts until certain inflation returns to its target range of 2-3%. The labor market remains tight, with strong employment growth and increased job vacancies. Australian bond futures fall to new lows, with AUD/USD...