USD/ CADrice Action We are evaluating the current price action dynamics of the USD/ CAD currency pair. Last week, the Bank of Canada lowered the discount rate, leading to an expected USD/CAD exchange rate drop. However, the weakening of the Canadian...
GBP/ USD Price Overlook In our discussion, we'll analyze the price changes of the GBP/ USD Currency pair. The pair attempted to reach the resistance at the 1.2831 reference point. I anticipated that the pair would not only approach 1.2771 but also...
Gold Analysis: Gold continues to exhibit a sideways movement, characterized by its fluctuating but overall stable price range. This pattern suggests that neither buyers nor sellers have a dominant influence at the moment, resulting in a consolidated...
EUR/USD Price Breakdown We’re focusing on the EUR/USD currency pair’s price fluctuations. There are several support levels, with the most notable at 1.0784. This level suggests a potential rise as it forms a robust base for upward movement. The...
USD/JPY technical analysis The pair's target is becoming more apparent as the price moves towards 153.40, the peak of which was good in 2022. As the price began trading in ascending price channels this year, it fell to try and break through the...