The USD/CAD pair shows a potential bullish outlook as per the technical setup, with an anticipated rise of 25 to 50 pips. The pivot point at 1.4440 serves as a critical level, determining the directional bias. Currently, the preference leans toward...
Technical Analysis For GBPUSD Today I want to give my analysis of the GBP/USD pair from our point of view, focusing on the daily time frame to get a comprehensive picture of the movement of this currency pair. On the daily time frame, our attention...
Market Fundamentals: Gold prices have been rallying on Monday, fueled by heightened safe-haven demand, particularly from China. The People's Bank of China (PBoC) recently issued new gold import quotas to banks, sparking speculation about a surge in...
The USD/CAD currency pair suggests a favorable scenario for bullish traders, as long as the price remains above the critical pivot point at 1.4440. This level acts as a dividing line between bullish and bearish scenarios, making it the cornerstone...
Market Fundamentals: Geopolitical risks are rising as reports emerge that U.S. President Biden discussed plans to attack Iran’s nuclear facilities if Tehran moves closer to developing a nuclear bomb before Donald Trump’s inauguration. This...