Key Highlights USD/CAD remained in a bearish zone and dropped below 1.3700. A key bearish trend line is forming with resistance at 1.3635 on the 4-hour chart. EUR/USD is now consolidating gains above the 1.1450 zone. Gold prices remain supported above the $3,350 level ahead of the Fed interest rate decision. USD/CAD Technical Analysis The […]
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Daily Pivots: (S1) 0.6447; (P) 0.6495; (R1) 0.6525; More… AUD/USD retreated once again after edging higher to 0.6551. Intraday bias is turned neutral. On the downside, break of 0.6455 support will turn bias back to Read more…
The USD/JPY pair stabilised at 145.11 following three consecutive days of gains. The Japanese yen had previously faced downward pressure due to a combination of factors, including weak macroeconomic data. Japan’s exports declined for the Read more…
The British pound has stabilized on Wednesday. In the European session, GBP/USD is trading at 1.3551, up 0.28% on the day. The US dollar showed broad strength on Tuesday and GBP/USD declined 1.05% and fell Read more…