The Spot price experienced some downward pressure on Wednesday, primarily driven by remarks made during a press conference by China’s National Development and Reform Commission (NDRC). China's state planner highlighted that the country’s economy is...
The Japanese Yen continues to face considerable challenges in its battle against the US Dollar (USD), struggling to mount any substantial recovery. Despite occasional fluctuations, the Yen remains under pressure, hovering close to a three-month low....
Fundamental and Technical Analysis of USD/CAD: H1 chart: On the hourly chart, USD/CAD is currently testing major resistance near 1.4070. This resistance was a key level as the pair had struggled to break in previous attempts. The key technical issue...
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EUR/USD Fundamental and Technical Analysis Hourly Chart: If the market price reaches 0.0520, the price may reach 0.0560. A failure above 0.0470 may trigger a retest of lower support levels, such as 0.0440. The candle formed near 0.0470 confirms a...
