The Canadian economy is currently facing significant headwinds, with rising unemployment reaching multi-year highs, putting pressure on the Bank of Canada (BoC) to step in with aggressive monetary easing. In response, the BoC is expected to...
The GBPUSD pair price attempted to continue its upward trend but was unable to surpass the SMA 200 resistance level. The price appears incapable of reaching higher levels as in the past. The wide gap formed at the market's opening in the Asian...
The GBP/JPY pair is currently exhibiting a robust bullish configuration, with the pivotal level at 191.82 serving as a critical support that underpins the ongoing uptrend. As long as this support holds, market sentiment remains firmly on the upside,...
Gold prices are holding steady above the $2,800 mark early Tuesday, pausing briefly after reaching a record high of $2,831. The precious metal’s rally has been tempered by a resurgence in US Dollar demand and a slight recovery in risk sentiment....
In the current trading environment, NZD/JPY is exhibiting a strong upward bias that is largely anchored by the pivotal support level at 86.15, which has proven to be a reliable barrier against downward movements. The price is currently trading above...
