The narrowing of US/Canada spreads is providing some support for the Canadian Dollar (CAD), with the 2-year swap spreads reaching their tightest in four months. However, to drive more significant appreciation, the CAD would require more substantial...
The USD/CAD currency pair saw a sharp decline below the significant level of 1.4200 during Tuesday's European trading session, as the Canadian Dollar (CAD) gained strength amidst growing concerns surrounding the US economy. The main catalyst for the...
The Australian Dollar (AUD) has experienced significant volatility against the US Dollar (USD) in recent weeks, with a sharp decline observed last Friday. Despite this, the current momentum suggests that the AUD may enter a range-bound phase,...
First and foremost, respect is the cornerstone of our community. Treat fellow members with courtesy, empathy, and open-mindedness. Disagreements are inevitable, but engaging in constructive dialogue promotes a healthy exchange of ideas. Personal...
When analyzing gold on a 4-hour chart, a "Head and Shoulders Inverted" pattern may appear, which is an important technical pattern. This pattern is considered a strong signal for a trend reversal from a downtrend to an uptrend, making it one of...
