The Australian economy is currently facing a period of significant uncertainty, with various factors influencing the outlook for the Australian Dollar (AUD). While the Reserve Bank of Australia (RBA) has maintained an aggressive stance on inflation,...
USD/CAD From my perspective, USD/CAD seems to be consolidating around the 1.3700 level. I’ve noticed strong support at 1.3650 and resistance at 1.3750, keeping the pair in a relatively tight range. The pair is still trading above both its 50-day...
The Spot price has been trending upwards, reaching around 154.50 during the early Asian session on Monday. However, it has since pulled back slightly as the US Dollar (USD) retreats from a nearly three-month high achieved in the previous trading...
Hello, EUR/USD is seen hovering around the 1.0500 level, unable to find a clear directional path. EU PMI data came in better than expected but still points to a contraction in the union. United States PMIs show a sharp contraction in the...
Bitcoin continues its growth with potential concessions offering opportunities Bitcoin climbed to the $106,000 level earlier this week, but faced selling pressure that brought it back from the high. This drop seems to highlight a repeating pattern...
