Greetings to all forum members studying and trading on the currency market. As I analyze the EURGBP currency pair, I notice that a strong support level has formed at 0.8380. I believe this level presents a potential opportunity for buyers to enter...
USD/CAD For the USD/CAD pair, here’s my take on the current technical and fundamental situation: Fundamental Analysis: U.S. Economic Data: I’m keeping an eye on U.S. economic indicators like GDP growth, unemployment, and inflation. If the Federal...
EUR/JPY As of today, EUR/JPY is trading around 160.17, showing a 0.34% increase. The pair has been holding onto bullish momentum, but there are some key technical and fundamental factors to keep an eye on. Technical Analysis: From a technical...
EUR/USD Forecast Greetings and Good Morning, guys! The US Unemployment Rate and Core PPI rate will bring volatility today, making it essential for traders to stay cautious and trade according to the new market updates. These economic indicators...
USD/CAD USD/CAD Gains Some Support Near 1.4400 Amid US CPI BoC Policy Decision Key Analytics: The Canadian Dollar slipped 0.5% higher on Wednesday. The Bank of Canada delivered a broadly expected 25 bps rate cut. Trade war concerns continue to...
