USD/CAD Technical and Fundamental Analysis Our discussion focuses on the present pricing behavior of the USD/ CAD currency pair, which we're analyzing. When the USD/CAD pair dropped below the 1.3849 level, reentering the daily Envelopes range, few...
EUR/USD Price Movement The euro against the US dollar (EUR/USD) experienced a temporary respite from its recent downward trend, trading near 1.1080 in early Asian trade on Friday. However, the pair's upside potential remains limited as investors...
GBP/USD Pair Technical Analysis The GBP/USD pair experienced a two-day downturn, breaking below the 1.3200 level. This reversal marked a significant shift from the bullish momentum that had characterized the market for the past few weeks. The lack...
THE CURRENCY PAIR USD-CAD On the studied chart, the selected asset currently shows a clear bearish mood, which can be easily identified using the Heiken Ashi candlestick indicator, which demonstrates a smoother and averaged value of price quotes,...
USD/CAD FUNDAMENTAL TECHNICAL OUTLOOK: The USD/CAD pair, currently at 1.3505, reflects recent economic developments in Canada and the US. The Bank of Canada (BoC) has lowered its policy rate by 25 basis points to 4.25% to stimulate economic growth...