The USD/CAD currency pair rose to around 1.3880 during the Asian trading session on Friday. The pair has been consolidating within an ascending channel, indicating a bullish bias. The Relative Strength Index (RSI) above 50 and the 9-day EMA above...
Why Gold is Rallying Now Gold's recent rally can be attributed to a few key factors: Middle East Conflict: Geopolitical tensions, especially in the Middle East, often drive investors towards safe-haven assets like gold. As the conflict continues,...
The EPCG Scheme is an initiative by the Indian government to support exporters by reducing costs associated with acquiring capital goods used in production. Under this scheme, businesses can import capital goods, such as machinery and equipment, at...
The EUR/USD currency pair experienced a decline during the Asian trading session on Friday, falling to around 1.0780. This downward movement was primarily driven by a stronger US Dollar and concerns about the potential impact of increased tariffs on...
EUR/CHF Technical Analysis: Current Trend: I’m noticing that EUR/CHF is in a consolidation phase, hovering around the 0.9700 mark. Resistance Levels: Right now, there’s immediate resistance at 0.9750, with a stronger barrier at 0.9800. Support...
