General Points about GBPCAD: We can see that the GBPCAD market is trading at the 1.7826 level, which acts as a support level. The level has been tested multiple times, indicating that buyers are attempting to hold the price steady. In the coming...
General Points about GBPAUD: Right now, the GBPAUD market is moving around the 1.9826 level and appears to be in favor of sellers since the UK Pound is very weak today. Weakness in the GBP can be attributed to multiple factors, including economic...
EUR/AUD Market Outlook Greetings and Good Morning guys! The Australian Retail Sales rate couldn't help the sellers of EUR/AUD. So, we should open a buy order with an ort target of 1.6623 ahead. Also, another significant event this week is the...
The recent weakness in the Kiwi is driven by a stronger US Dollar, bolstered by a hotter-than-expected US Producer Price Index (PPI) report. With the Federal Reserve’s (Fed) upcoming interest rate decision in focus, traders remain cautious as...
The Canadian dollar shows a limited movement for the third day in a row. At the European meeting, USD/CAD is traded at 1.4328, which is 0.14% per day. The week will be wrapped with a January employment report from Canada and the Nonfarm payout...
