The USD/CAD currency pair continues to exhibit a strong bullish trend, driven by the ongoing formation of the fifth wave of the highest degree (5), which aligns with the broader uptrend observed in recent months. The completion of the smaller-degree...
The chart represents the NZD/USD currency pair on the H1 timeframe, incorporating Bollinger Bands and the Stochastic oscillator. Looking at the price action, the market appears to be moving within a range with periods of strong volatility followed...
USD/CAD For the USD/CAD pair, here’s my take on the current technical and fundamental situation: Fundamental Analysis: U.S. Economic Data: I’m keeping an eye on U.S. economic indicators like GDP growth, unemployment, and inflation. If the Federal...
The National Bureau of Statistics (NBS) has shared a cautious economic outlook, noting significant challenges facing the economy. The NBS highlighted that the external environment's impact on economic operations is intensifying, while domestic...
NZD/USD Forecast Greetings and Good Morning, guys! The market of NZD/USD can cross the support zone of 0.5645 today, driven by bearish momentum and economic data favoring the sellers. The upcoming release of the US Core PPI rate is expected to...