USD/CAD Market Sentiment and Analysis The USD/CAD market is bullish, trading near 1.43670. Today’s economic data includes Core Retail Sales (MoM), Retail Sales (MoM), and Initial Jobless Claims in the US, significantly impacting the USD/CAD price...
EUR/USD Market Sentimental and Key Forecasts Today, the EUR/USD market price exhibits bullish momentum, trading at 1.03117. The EUR/USD market price tested the 20 simple moving average (SMA) on the H4 chart near the support level of 1.02600 and is...
General Points about USDCAD: The Canadian dollar has performed strongly compared to the US dollar. The strength has primarily been driven by negative news events from the USA, such as the PPI and CPI data, which have weakened the US Dollar in recent...
In my personal opinion, the chart presented reflects a strong bullish momentum with notable fluctuations in volatility. The price action demonstrates a clear uptrend, characterized by higher highs and higher lows, signaling consistent buying...
NZDUSD NZD/USD outlook: As 2025 unfolds, the NZD/USD currency pair is facing a challenging environment. The New Zealand Dollar (NZD) is under considerable pressure due to domestic economic difficulties and broader global market dynamics. Here’s a...