Greetings and Good Morning, guys! Yesterday, the US ADP Non-Farm Employment Changes data showed a significant drop from 141K to 77K, which weakened the USD considerably. This decline in employment growth raised concerns about the strength of the US...
USD INDEX ANALYSIS Good evening. The US Dollar Index (USDX) trades at 104.16, between key support at 103 and resistance at 105 108. US economic data, Federal Reserve policies, inflation reports, and global market sentiment influence the movement of...
NZDUSD Technical Analysis March 6, 2025 Forex Analysis - Technically, I see that the NZDUSD pair has entered a price position that is still worthy of being considered as an entry point. Let's take a look at the NZDUSD 1 Hour Time Frame chart image...
The USD/CAD currency pair continued its downward trend for the third consecutive day, trading around the 1.4330 level during Thursday's Asian session. Technical analysis of the daily chart indicated that the pair remained within a descending channel...
USD/CAD The weakening of the US dollar and all this weakening of oil, and the Canadian dollar here does not even know where to move in all this? In fact, they can remain in the same accumulation from the very beginning of the maximum of 1.4466 or...
