The chart represents the NZD/USD currency pair in the H1 timeframe. The price movement is accompanied by Bollinger Bands and a Stochastic Oscillator (5,3,3) to assess volatility and momentum. The recent price action suggests a bearish trend as the...
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...
Silent Points about USD/CAD: At the moment, the USD/CADD market is at the 1.4462 level, which is a resistance level that has strengthened buyers significantly. The price point has played a crucial role in shaping market sentiment, as buyers have...
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...
March 1, 2025 The USD/CAD pair is edging lower but holds onto Thursday’s gains around 1.4454 in North American trading hours on Friday. The Loonie pair ticks lower after the release of the United States (US) Personal Consumption Expenditure Price...
