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The pair closed the week on a positive note, marking a modest 0.05% gain on Friday. This upward movement was primarily driven by the Bank of Japan's decision to maintain interest rates unchanged, which contributed to weakening the Yen against the US...
Based on the H4 timeframe analysis above, it appears that following a previous surge that pushed prices into overbought territory around the RSI 70 level, there has been a bullish slowdown. There remains a viable opportunity for buyers to sustain...
Gold prices experienced a significant surge on Thursday, driven by a combination of factors. The US Consumer Price Index (CPI) report indicated a cooling in inflation, excluding volatile food and energy components. This data has sparked speculation...
USD/CAD is mostly flat despite the pullback in the oil markets. Other commodity-related currencies also lack dynamics in today’s trading session. From a technical point of view, USD/CAD needs to settle back above the 50 MA (Moving Average) at 1.3663...