The Euro initially showed some upward momentum during Thursday's trading session, but failed to sustain those gains and eventually retreated, showing continued signs of weakness. As the market struggles with further movement, the 50-day EMA remains...
USD/JPY Price Forecast: Technical outlook USD/JPY retreats from six-day high as U.S. Initial Jobless Claims suggest labor market cooling. Bank of Japan meeting likely to see 25 basis point rate hike, contrasting with Fed's steady stance. Global...
The Canadian dollar shows limited movement on Thursday. In the European session, USD/CAD is trading at 1.4396, up 0.13% on the day. The Canadian dollar opened the week with sharp gains of over 1%, but has since given up about half of those gains....
XAU/USD The XAU/USD (Gold to US Dollar) hourly chart highlights the dynamic nature of gold’s charge action, reflecting its function as a secure haven asset and hedge in opposition to monetary uncertainty. The fee motion found simply depicts market...
USD-CAD PAIR FORECAST I tried to see the potential movement on a smaller timeframe in this case using the H1 chart. It can be seen that the price movement for one week in a row represented by a more dominant candlestick arrangement is bearish. ...
