USDCAD is gaining sustainable ground, finding support at the 1.3505 barrier. The 20- and 50-day simple moving averages (SMAs) are following the upward movement; however, the technical oscillators are weakening their momentum. The MACD is standing beneath its trigger line in the positive area, while the RSI is flattening above the neutral threshold of 50. […]
The post USDCAD Seems to Return to Gains; Nearby Resistance Eyed for Confirmation appeared first on Action Forex.
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Markets We believe that the ECB will hike its policy rate at next week’s meeting or in April. In absence of any surprise cease-fire this weekend, the central bank be presented with a $100/b oil Read more…
Since peaking on October 30, 2025, the Nasdaq (NQ) has remained in a sideways consolidation, a pattern that appears poised to resolve lower. The decline from that high marked the completion of wave (W) at Read more…