The USDCAD currency pair recently reached a significant support level at 1.3936, marking a critical point in the market's behavior. This support area represents a key juncture for the price, and it is important for traders to monitor how the market...
Gold Price Action Outlook We will be discussing Gold's current pricing behavior. Today I would consider buying first, after all, we are trading in volumes higher than in the last couple of weeks. From the current ones, I would look for purchases...
The GBP/USD currency pair is currently poised for potential upward movement, with a range of 31 to 56 pips depending on the market conditions. The pivot point is set at 1.2630, which serves as a critical level in determining the next direction. If...
On Wednesday, U.S. benchmark West Texas Intermediate (WTI) crude oil traded around $68.65. While the price remained relatively stable, several factors influenced the market's dynamics. Firstly, a ceasefire agreement between Israel and Hezbollah,...
The USDCAD market saw a strong rally on the back of US news events. The market reacted positively to the data, with the BC consumer confidence rating coming in better than expected. This strong report played a decisive role in the rise of the US...