USDCAD currency pair - let’s look at the D1 period chart today. The ascending wave structure that was here before broke down, so to speak, after the current wave of decline updated the minimum of the previous one. The MACD indicator is also in the...
China's National Development and Reform Commission (NDRC) has introduced new guidelines aimed at establishing a unified national market, reducing market barriers, and stimulating domestic demand while promoting openness. These fresh supportive...
GBP/USD Technical Analysis and Forecast The GBP/USD market has shown mixed dynamics today. Initially hitting a low of 1.2611, it recovered and reached a high of 1.2688. The GBP/USD market is currently trading around 1.2648. On the H1 chart, the...
The pair rebounded as concerns grew among Bank of England (BoE) officials about persistent price pressures. During a panel discussion organized by BNP Paribas, BoE external policy member Catherine Mann highlighted the risk of slowing disinflation,...
The current market outlook for the NZD/CAD currency pair suggests a potential decline ranging between 27 and 40 pips, based on technical indicators and resistance levels. The price action remains weak as it continues to trade below the key pivot...