The media's tendency to amplify the impact of economic indicators, such as inflation, can create significant market volatility. The recent headlines about rising inflation might temporarily drive the USD/CAD pair lower, potentially targeting a...
In recent days, Bitcoin has been testing a significant support level of around $60,000. As of Saturday, the cryptocurrency was trading just above this threshold at approximately $60,500. This price point marks a critical juncture for Bitcoin's price...
Price Action Analysis: USD/ JPY The USD/ JPY currency pair's price action will be the subject of our analysis and discussion. Yesterday's harmful data on the U.S. labor market notably impacted the Japanese yen, allowing bears to continue potentially...
Good evening, traders. After updating local minimums, the pair experienced a rollback without consolidation. Despite a weak dollar, the euro received substantial support, and the yen gained momentum due to various factors. This leaves the overall...
Current Developments in EUR/USD Today's focus is on analyzing the price movements of the EUR/USD currency pair. If, on Monday, the price surpasses the 1.0916 level after a false breakout and remains above it, a buy signal will be triggered. A fake...