Federal Reserve Governor Lisa Cook indicated that the central bank might take a gradual approach to reducing interest rates, citing the strength of the U.S. labor market and persistent inflation as factors that allow for a more cautious stance. As...
Gold prices experienced a notable decline on Friday, extending weekly losses to over 1% and monthly losses to more than 3%. This downward pressure was primarily attributed to a strengthening US Dollar, which surged to a 10-day high of 107.66. The...
USDCAD Analysis The USDCAD currency pair is in an uptrend, making higher highs and lower lows. The price has recently corrected upwards and is currently testing the key resistance level at 1.4660. A break of this level could signal that the bullish...
Last trading week, I sold USD/CAD from the 1.4350 level. I observed the price falling into a pullback, which prompted me to close the deal. Shortly after, I noticed a significant bullish impulse that drove the price higher. By the end of the week, I...
EURCHF Daily Time Chart Analysis The daily chart of the EUR/CHF pair shows a consolidation phase with frequent price fluctuations. The market seems to be moving at regular intervals, with no clear long-term trend. The price is currently trading near...
