GBP/CAD Outlook Good Morning guys! The market of GBP/CAD had crossed the 0.7945 yesterday. Therefore, we can understand a bearish scenario these days. The Canadian Retail Sales and UK Flash data were not too good. But the overall market of GBP/CAD...
General Points about GBPAUD: The GBPAUD market showed strong bullish momentum as it reached the 1.9854 level on Friday. We observed that the GBPAUD market reached the 1.9854 level on Friday, reflecting the dominance of buyers despite various...
Market Fundamentals: Market sentiment has shifted slightly regarding the Bank of Canada’s (BoC) monetary policy stance after stronger-than-expected labor market data. The latest figures revealed that the Canadian economy added more jobs than...
Market Fundamentals: Traders are overwhelmingly anticipating a nearly 90% probability that the Bank of Japan (BoJ) will raise interest rates from 0.25% to 0.50% at its upcoming policy meeting, marking the highest level since the 2008 global...
USD/CAD Analysis Good Morning guys! However, this week was not too good for the buyers of USD/CAD. However, the market will come back and cross the 1.4267 zone later. Also, the prevailing market trend strongly favors sellers, making strategic...
