USD/CAD Price Forecast USD/CAD rises to near 1.4200 as the US Dollar bounces back from the YTD low. Fed officials have been guiding a restrictive monetary policy stance. Investors await the Canadian Retail Sales data and BoC Macklem’s speech. The...
The Australian dollar (AUD) experienced a slight decline against the US dollar (USD) on Friday, primarily influenced by the release of the Judo Bank Purchasing Managers’ Index (PMI) data.1 However, positive sentiment was bolstered by news of...
Technical analysis of USDJPY Today I choose USD/JPY for technical analysis. USD/JPY is trading between minor resistance at 150.96 and support at 149.09. The market price highly respects this resistance and support level, and the price walks in this...
Technical Analysis of XAUUSD (Gold) XAUUSD is currently trading at 2925, showing strong bullish momentum. reflecting a consolidation phase within a defined range. The immediate support level is identified at 2921, while resistance is positioned at...
Hello. Yesterday, buyers of the Pound were able to resume the upward movement, perhaps due to poor data from the US on manufacturing activity. If we can now use this opportunity to strengthen our positions, then the first target for further price...
