Technical Analysis: EUR/USD EUR/USD faces an intense sell-off as US President Donald Trump confirms that he will impose tariffs on the European Union. The US Dollar strengthens as investors rush to safe-haven fleet amid global trade war. Investors...
Date: 03rd February 2025. What do Trump's Tariffs Mean for the Financial Trading Markets? Key Takeaways: * Trump's announcement of tariffs on Mexico, Canada, and China sparks a sharp market decline, with the SP 500 down by 1.76% and risk appetite...
General Points about GBPCAD: GBPCAD sellers have weakened significantly due to the lack of positive Canadian news events. Since Canada's GDP and Overnight Rate data came out on the negative side, the market is currently at the 1.8012 level....
The GBP/USD pair has been showing a positive upward trend recently, and I have successfully closed a few positions in profit. As for the subsequent closure, I expect it to be around the 1.2645 – 1.2455 range. At this point, I plan to cover about a...
Technical analysis of USDCAD Today I choose USD/CAD for technical analysis, the current market price is bearish. If the market price successfully breaks through the resistance level, the market price exits the channel, and then market price moves to...