•••USD/CAD Forecast: November 16, 2024 – Price Action and Key Drivers••• The USD/CAD pair remains a focus for many traders today, with the US Dollar continuing to show strength against the Canadian Dollar. As of now, the pair is holding above...
In the last two days, buyers have tried to form something upward in Gold, but their attempts were ultimately stopped, and they did not manage to win back anything in particular. Sellers, in turn, broke through the level of 2546.66, which gave a...
The spot prices edged lower to trade near $2,535 during the early Asian session on Thursday, reflecting subdued momentum ahead of key market events. Ongoing geopolitical tensions in the Middle East continue to lend support to the yellow metal as a...
The EUR NOK pair had been consolidating for a considerable period, due to resistance from the EMA 633 H4, which had delayed the downward movement. However, the movement finally began to pick up pace. The EMA 633 H4 crossed at 11.7437, allowing the...
On Friday, the pair extended its week-long losing streak, plunging to a 13-month low of around 1.0493, driven by the US Dollar's remarkable strength. The USD Index, which tracks the Greenback against six major currencies, soared to a two-month peak...
