Market Fundamentals: China’s central bank decided to keep the one- and five-year Loan Prime Rates (LPRs) unchanged at 3.10% and 3.60%, respectively. This decision has influenced the AUD/USD pair as traders adjust their expectations. On the domestic...
The current situation in the USD/CAD pair presents a complex and somewhat murky picture, making it challenging to determine the next clear direction. The recent decline in the pair aligns with the broader weakening of the US dollar following the...
Market Fundamentals: The US Dollar (USD) experienced a strong opening after President-elect Donald Trump threatened to impose 25% tariffs on Canada and Mexico, accusing them of providing China with a pathway to supply illicit drugs to the United...
USD/CAD Current Market The general trend in the USD/CAD market was bearish, but the market is recovering. The USD/CAD market is currently trading at 1.43036. It had previously attempted to break below the 1.42500 support level, but the price could...
Gold Current Market Overview Gold is trading at 2902, recovering from a daily low of 2896. The market is still bearish, with gold trading below the 100 Exponential Moving Average and 20 Simple Moving Average on the H1 chart. The Relative Strength...
