General Points about USD/CAD: The Canadian GDP rate being on the negative side has led to a decline in the value of the Canadian dollar. Weak economic growth has put pressure on the currency, making it less attractive to investors. A slowing economy...
EUR/JPY Fundamental Analysis: Today, I’m keeping a close eye on EUR/JPY as it reacts to key economic developments. The euro is under pressure after softer-than-expected Eurozone inflation data, which has dampened expectations for near-term ECB rate...
Analysis chart EUR /USD to the resistance of 1.0435, where the moving average line of the 14th period is already being pulled, and I believe that at this point the price can meet the moving average, which will lead the pair, fo On the chart, we see...
Let’s look at the D1 period chart today - the EURUSD currency pair. Now, in this senior period, it is best seen that the price until yesterday was within the error limits of the horizontal resistance level of 1.0500. It is also such a round number...
GBP/USD Price Summary As the week concludes on this Friday evening, the GBP/USD market finds itself in a pivotal position, currently trading near the 1.2608 level. This week has been a tale of fluctuating momentum, with the pair attempting to climb...