Market Fundamentals: The currency pair has been on a downward trajectory for three consecutive sessions, currently trading around 1.4320 during Monday's trading hours. The pair price is benefitting from an uptick in crude oil prices, with Canada...
USDCAD TECHNICAL ANALYSIS Today I noticed that the USDCAD market experienced a very significant bearish impulse if calculated from the beginning of its increase, the distance was already around 100 pips, with this increase in my opinion seller's...
The Aussie dollar saw a modest recovery during the early hours of Monday, but the move appears to be limited and reflects broader market dynamics. Similar to the Euro, the current rally appears less about internal strength in the Aussie and more...
Market Fundamentals: According to Eurostat’s flash estimates, the Eurozone economy expanded by 0.9% year-over-year, accelerating from the 0.6% growth recorded in the previous quarter. This robust performance was primarily driven by an unexpected...
Technical Analysis: EUR/USDUS EUR/USD recovers to near 1.0300 as the risk mode is on, with investors focusing on Trump’s inauguration. The Fed is expected to keep interest rates at their current levels by the May policy meeting. ECB’s Stournaras...
