Important Points of AUDUSD: We saw a downturn in the market of AUDUSD during the Washington trading session. The market is trading at 0.6706 level. And, It’s crucial to manage risk even in a bullish market. The upward trend may seem promising, but...
Taking a closer look at Silver's price dynamics, the metal has gained strength, moving past $32.00, consistent with recent movements in Gold. Yet, it confronts a key hurdle in the form of daily resistance at $32.134., a level it has tested four...
General Points of USDCAD: The US news events make the US dollar stable today. Hence, the market has started following a bullish concept right now. For USDCAD traders, especially in the realm of Forex trading, it is crucial to recognize and interpret...
The GBP/USD currency pair currently shows a modest trend, balancing between technical factors and economic data influences. Initially, the pair was expected to maintain a bearish momentum, but it found strong support at the 1.2995 level, which...
On the USD/CAD H4 time frame chart. As Canada is one of the largest oil exporters globally, the strength of the loonie is closely tied to fluctuations in oil prices. When oil prices drop, as they have recently, it exerts downward pressure on the...