21 February 2025 The USD/CAD exchange rate is trading around 1.4180 during Asian market hours, stabilizing after previous losses. The pair's movement reflects a combination of U.S. economic data, Federal Reserve communications, and upcoming...
Technical analysis of USDCAD Today I choose USD/CAD for technical analysis because the market is rising and helping the price. The market has reached the trend line, and the price is now down. The market price broke this trend line. The market price...
USDJPY Technical Analysis USDJPY is facing bearish pressure, currently trading around 150.50 levels. The pair recently broke below a key support level at 150.80, indicating further downside potential. The 70-period moving average (MA) is acting as...
From a technical standpoint, I observe that the EUR/USD pair has reached a price level that is still worth considering as an entry point. Let’s analyze the EUR/USD 1-hour time frame chart before diving into the details. Upon reviewing the chart, we...
Consumer Price Index Trends in Australia and Market Reactions Overview of Australian Inflation The Trimmed Mean Consumer Price Index (CPI), closely monitored by the Reserve Bank of Australia (RBA), has shown a decline to 3.5% in the third quarter,...
