EUR/USD: Bulls May Take Some Time to Eventually Break Through Pivotal Barriers at 1.0930/42
The Euro maintains firm tone and continues to pressure pivotal barriers at 1.0930/42 (top of […]
USDJPY trapped within bearish area; support at 129
USDJPY faced another rejection at the topline of the four-month-old downward-sloping channel near 131.11, increasing speculation […]
WTI Oil Futures Consolidate Above 50-day SMA
WTI oil futures (March delivery) have been stuck in a prolonged downtrend since June, generating a fresh […]
US Oil Consolidates Gains
WTI crude treads water as US crude inventories show a smaller buildup. The price action […]
EUR/AUD Sinks Further
The Australian dollar climbed after Q4 inflation came in hotter-than-expected. On the daily chart, the […]
USD/CAD Attempts to Rebound
The Canadian dollar slipped after the BoC signalled a pause in rate increases. On the […]
Crude Oil Price Remains Supported As US GDP Approaches
Key Highlights Crude oil price is facing resistance near the $82.40 zone. A key bullish […]
BoC Rates Could Alter The Trend on USDCAD and Others
Today, at 5:00 pm (GMT +2), the Bank of Canada will publish the Overnight Rate, […]
AUD CPI Causes More Upside into Fifth Wave
AUD is the mover of the day after CPI yoy jumped unexpectedly to 8.4% in […]
USDCAD Bears Seek Dominance as BoC Rate Decision Looms
USDCAD has been moving sideways over the past two weeks, building a floor around 1.3370, […]
Two Trades to Watch: USD/CAD, EUR/GBP
USD/CAD falls ahead of BoC rate decision USD/CAD is heading lower ahead of the BoC […]
NZDUSD Faces Tough Challenge Near 7-Month High
NZDUSD had experienced a steep downtrend in 2022, posting a 31-month low of 0.5510 in early […]