USDCAD currency pair - let’s look at the D1 period chart today. The ascending wave structure that was here before broke down, so to speak, after the current wave of decline updated the minimum of the previous one. The MACD indicator is also in the...
The pair rebounded as concerns grew among Bank of England (BoE) officials about persistent price pressures. During a panel discussion organized by BNP Paribas, BoE external policy member Catherine Mann highlighted the risk of slowing disinflation,...
USDJPY D1 Hello everyone. The Japanese yen has hit a more than two-month high against the US dollar amid interest rate hike bets from the Bank of Japan. Lower JGB yields are capping the yen’s gains and helping USD/JPY bounce off levels below 149.00....
The Canadian dollar (CAD) faced renewed pressure last week as Bank of Canada (BoC) Governor Tiff Macklem provided a cautious yet open-ended stance on monetary policy. While Macklem acknowledged that Canada’s economy was on a more stable footing,...
EURUSD Daily Technical Analysis EURUSD is currently trading around 1.0482, showing a mixed price action after a significant downtrend. The pair is testing key resistance levels while maintaining a neutral RSI (Relative Strength Index) reading of...
