The AUD/JPY pair is currently trading at 94.84, showing a range-bound movement with recent downward pressure toward a key support level of 94.45. This level has previously acted as strong support, indicating the possibility of a rebound if the price...
The AUD/USD hourly chart reflects a well-defined uptrend following a significant dip in early February. The price is currently around 0.6359, showing signs of consolidation near recent highs. Bollinger Bands indicate reduced volatility, with price...
The buyer's push that made the price crawl slightly has brought the price to reach the EMA 200 H1. Although it was rejected, last Friday the price tried to test the area again. From the daily open Friday 0.9425 the price was pushed up and touched...
Market Fundamentals: Market sentiment has shifted slightly regarding the Bank of Canada’s (BoC) monetary policy stance after stronger-than-expected labor market data. The latest figures revealed that the Canadian economy added more jobs than...
GBP/CAD Outlook Good Morning guys! The market of GBP/CAD had crossed the 0.7945 yesterday. Therefore, we can understand a bearish scenario these days. The Canadian Retail Sales and UK Flash data were not too good. But the overall market of GBP/CAD...
