The US Dollar recently surged to a two-year high, bolstered by a sharp rise in the benchmark 10-year US Treasury yield, which hit its highest level in over six months. However, this upward momentum softened after the release of the US Personal...
USDCAD USD/CAD outlook: As of January 19, 2025, the USD/CAD currency pair is showing intriguing movement, with the U.S. dollar holding strong due to solid economic data, while the Canadian dollar is displaying resilience. Here's a breakdown of...
Early last week there were very few economic data reports but market liquidity was quite busy.The two moving average lines have crossed, indicating a bearish trend for the GBPAUD pair. This means the price is likely to decrease on the H4 timeframe....
USD/CAD Analysis : I have been analyzing the dollar-Canadian dollar pair on the daily chart. I noticed that when the pair was trading near the resistance level of 1.39068, there was a decline. I assumed at that time that the pair would...
Price Action Price action refers to the movement of a security’s price over time and is a fundamental concept in technical analysis. It is the study of historical price movements to predict future market behavior without relying heavily on lagging...
