•••USD/CAD: A Dynamic Push-Pull Between Two Economies(December18,2024)••• The USD/CAD currency pair is seeing heightened volatility as December 2024 wraps up. Both the U.S. and Canadian economies are pushing and pulling on the exchange rate, but...
Prices retreated after falling short of the expected $2,650 mark, with further declines seen in the late Asian session. As of the latest update, the spot price is trading around $2,635, having briefly touched $2,651 earlier. This pullback comes amid...
The Kiwi pair saw a significant decline during Wednesday’s Asian session, dropping below the critical support level of 0.5720. This weakness in the Kiwi came as the USD extended its correction after plunging below the key support of 106.60, briefly...
GBP/USD technical analysis 1-hour timeframe The GBP/USD pair is actually moving in an uptrend, and the price has returned with a fixed trend line. This trend line acts as the basis for the shopping impulse. The embargo is very important in the...
XAU/USD Analysis: Current Expectations and Future Forecasts The XAU/USD market is currently in a downtrend and is trading at 2638. The market recently broke the key support level at 2642 and is now retesting this level. If XAU/USD successfully...