Market News
“Unpacking the CAD/JPY Technical Analysis: How Trump’s Trade Policy Move Wiped Out CAD Gains”
The Global Markets React to Trump’s Inauguration Speech A Moment of Relief The global markets experienced a moment of “joy and reprieve” during Monday’s US session when President Trump’s inauguration speech took on a milder tone regarding trade tariffs. In his address, he refrained from mentioning specific amounts of tariffs and instead announced plans to…
“USD/CAD: A Tale of Sideways Shenanigans – A Technical Analysis Adventure!”
Breaking Down the USDCAD Chart: What Does it Mean for Traders? The Story Behind the Numbers If you’ve been keeping an eye on the USDCAD chart, you may have noticed a flat pattern forming on the H4 time frame. This pattern is characterized by a false breakdown of the upper boundary, followed by a return…
“Gold Soars as Trump’s Tariff Plans Create Uncertainty in the Market”
Gold’s Price Rallies Amid Tariff News US Tariffs on Canada, Mexico, Silver, and Gold Gold’s price (XAU/USD) has been on the rise for a second straight day this week following the news that US President Donald Trump plans to impose 25% tariffs on Canada and Mexico as early as February. In addition to these tariffs,…
Silver Price Forecast: XAG/USD Trades Cautiously as US Dollar Rebounds with Trump’s Policies in Focus
Silver Price Drops Slightly in Tuesday’s European Session Market Analysis The silver price (XAG/USD) dropped slightly to near $30.50 in Tuesday’s European session. The white metal is facing pressures as the US Dollar (USD) rebounds strongly after President Donald Trump confirmed that the plan of tariff hikes on foreign countries is delayed not denied. Factors…
“EUR/CAD Retreats from Intraday Highs as Canadian Inflation Data Looms: A Market Update”
The EUR/CAD Pair’s Intriguing Movement What Happened in Tuesday’s European Session? The EUR/CAD pair saw a significant shift in its movement during Tuesday’s European session as it failed to push above the key resistance level of 1.5050. This resulted in the pair surrendering a majority of its intraday gains, marking a halt to its four-day…
“Breaking Down the Latest EUR/USD and Gold Forecast: EUR/USD Remains Strong Above Parity, Gold Pushes Against Resistance at $2730”
Trump’s Inauguration and the Future of America A New Era? Trump’s latest statements at his inauguration emphasized the return of America’s “golden age,” which, in Trump’s terms, translated to strict borders, trade wars, and oil oversupply. Surprisingly, no comments were made about the cryptocurrency industry, despite the release of the Trump and Melania coins, which…
“Unleashing the CAD/JPY Drama: How Trump’s Trade Tactics Wiped Out CAD’s Gains”
It’s a New Dawn: Trump’s Tariff Announcement Sparks Hope in Global Markets What a Rollercoaster Ride! Monday, 20 January was no ordinary day in the world of global markets. Investors had their hearts in their mouths as they awaited Trump’s inauguration speech, hoping against hope that it wouldn’t spell disaster for their portfolios. And what…
“Say Goodbye to Your USD-CNH Worries: Major Support at 7.2420 is Just Out of Reach, According to UOB Group!”
USD Weakness and Its Impact on the Market Feeling the Pinch Further US Dollar (USD) weakness is not ruled out; the major support at 7.2420 is likely out of reach for now. In the longer run, decline in USD seems excessive, but there is potential for a test of 7.2420, UOB Group’s FX analysts Quek…