The USD/CAD pair has shown a consistent upward trajectory over the past two days, as evidenced by daily timeframes. This pair is bullish, reinforced by its position above the 200-period moving average, which is presently around 1.3530. The trend is...
Technical Analysis of USD/CAD The Canadian dollar declined last trading week, reaching new local lows. The price fluctuated from 1.3616 throughout the week without any significant pullback and has now broken above 1.3793. Thus, the expected uptrend...
West Texas Intermediate (WTI) crude had a tough week with prices near the key support level of $67.50. This price point has been significant for several years, suggesting that value buyers may step in as the market nears this key area. But the...
The Cable gained strength against its major counterparts following the Bank of England's recent monetary policy announcement. As anticipated, the BoE kept interest rates unchanged at 5%, a decision largely influenced by the higher-than-expected core...
Bitcoin is nearing a critical moment as traders closely monitor for signs of either a breakout or level manipulation. On the daily timeframe, Bitcoin is trading at $68,180, approaching the significant resistance zone near $69,000. This level has...