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Read more about the article USD/CAD Price Stalls Losses Ahead of Employment Data

USD/CAD Price Stalls Losses Ahead of Employment Data

  • Post author:admin
  • Post published:February 9, 2024
  • Post category:news
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The middle line could attract the USD/CAD pair. Canadian data should have a big impact today. Removing the middle line triggers a bigger drop. The USD/CAD price lost strength on…

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Read more about the article AUD/USD Price Analysis: Aussie Bounces on Hawkish RBA

AUD/USD Price Analysis: Aussie Bounces on Hawkish RBA

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  • Post published:February 9, 2024
  • Post category:news
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RBA Governor Michelle Bullock said there is still a chance the RBA will raise interest rates. Markets now have a 38% chance of a February RBA hike. Expectations for March…

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Read more about the article USD/JPY Outlook: Pair Hits 10-Week High on Yen Weakness

USD/JPY Outlook: Pair Hits 10-Week High on Yen Weakness

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  • Post published:February 9, 2024
  • Post category:news
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The yen weakened as markets cut expectations for an aggressive rate hike by the BoJ. The dollar held on to Thursday's gains. The probability of a Fed rate cut in…

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Read more about the article Sellers Dominate Before Unemployment Claims

Sellers Dominate Before Unemployment Claims

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  • Post published:February 8, 2024
  • Post category:news
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Taking 1.0784 activates more gains. The lower middle line (LML) represents dynamic support. US jobless claims could trigger high measures. EUR/USD fell like a rock on Thursday, trading at 1.0762…

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Read more about the article USD/CAD Outlook: US Dollar Rises as Rate Cut Bets Fade

USD/CAD Outlook: US Dollar Rises as Rate Cut Bets Fade

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  • Post published:February 8, 2024
  • Post category:news
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Several policymakers cited reasons for not rushing to cut interest rates. Oil prices rose on signs that tensions in the Middle East are likely to continue. Canada's economy posted a…

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Read more about the article USD/JPY Forecast: Dollar Gains on Fed’s Hawkish Remarks

USD/JPY Forecast: Dollar Gains on Fed’s Hawkish Remarks

  • Post author:admin
  • Post published:February 8, 2024
  • Post category:news
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Fed policymakers said there was no urgency to start cutting interest rates. The probability of a March cut fell to 18.5%. Uchida was less hawkish when he said the BoJ…

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Read more about the article USD/JPY Price Pause Downside, Albeit Gains Resisted by 148.00

USD/JPY Price Pause Downside, Albeit Gains Resisted by 148.00

  • Post author:admin
  • Post published:February 7, 2024
  • Post category:news
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The bottom pressure remains high as long as it is below the upper mean line. Removing a pivot point activates more drop. Figures from the US and Japan could have…

Continue ReadingUSD/JPY Price Pause Downside, Albeit Gains Resisted by 148.00
Read more about the article EUR/USD Forecast: Dollar Retreats Following Two-Day Rally

EUR/USD Forecast: Dollar Retreats Following Two-Day Rally

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  • Post published:February 7, 2024
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The dollar weakened after a two-day rally as investors took profits. The dollar's recent rally began when the US released upbeat employment data. Traders estimate a 21.5% probability that the…

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Read more about the article USD/CAD Price Analysis: Canadian Dollar Gains Amidst Oil Rally

USD/CAD Price Analysis: Canadian Dollar Gains Amidst Oil Rally

  • Post author:admin
  • Post published:February 7, 2024
  • Post category:news
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Economic data revealed that Canada's January Ivey PMI rose to its highest point in 9 months. According to Macklem, Canada needs high interest rates longer to bring down inflation. Oil…

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Read more about the article EUR/USD Price Pauses Downside Amid Oversold Conditions

EUR/USD Price Pauses Downside Amid Oversold Conditions

  • Post author:admin
  • Post published:February 6, 2024
  • Post category:news
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A new lower EUR/USD low could trigger further declines. False breakouts can signal a new leg higher. 07 psychological level stands as a potential target. EUR/USD fell after US payrolls,…

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