Forex News

Trading the USD/CAD Pair: A Rollercoaster Ride It’s Thursday, and the USD/CAD Pair is Feeling the Heat As the Asian session unfolds, the USD/CAD pair is encountering some resistance. Buckle up, folks, because it looks like we’re in for a wild ride. Overnight gains from the 1.3420 region are being chipped away, leaving traders on…

Gold Price Steadies as Traders Await Federal Reserve’s Chair Speech The Gold Rush Continues It seems like the gold fever is not showing any signs of cooling down as the gold price (XAU/USD) continues its sideways consolidative price move for the second straight day on Thursday. Just when we thought it couldn’t shine any brighter,…

The Uphill Battle of the AUD/USD Pair Struggling to Break Through The AUD/USD pair has been facing a tough time trying to break above the 0.6900 round figure. Despite reaching its highest level since February 2023 earlier this Wednesday, the pair has been unable to find acceptance above this key resistance level. As a result,…

Boost Your British Pound: How the US Dollar and Euro Woes are Affecting Exchange Rates in 2024-09-25 Description: Weaker-than-expected economic data from the US and Germany undermined the Euro and dollar on Tuesday with the Pound again in position to take advantage. The Pound to dollar (GBP/USD) exchange rate surged to a 31-month high at…

The GBP/USD pair climbs to its highest level since March 2022 Riding the Wave of Recent Gains It’s been quite a ride for the GBP/USD pair over the past two weeks, as it has steadily advanced to reach its highest level since March 2022, hovering around the 1.3430 region during the Asian session on Wednesday….

The NZD/USD Pair Rallies Near Key Resistance of 0.6300 Tuesday’s North American Session Sees Kiwi Asset Strengthening The NZD/USD pair rallied to near the key resistance of 0.6300 in Tuesday’s North American session. The Kiwi asset strengthened on the firm New Zealand Dollar (NZD), which is enjoying higher inflows after the announcement of China’s massive…

In this webinar, we delve into the intricate technical trade levels for a range of major financial instruments including the US Dollar (DXY), US Treasury Yields (US10Y), Euro (EUR/USD), British Pound (GBP/USD), Australian Dollar (AUD/USD), Canadian Dollar (USD/CAD), Japanese Yen (USD/JPY), Swiss Franc (USD/CHF), Gold (XAU/USD), Crude Oil (WTI), Silver (XAG/USD), S&P 500 (SPX500), Nasdaq…

EUR/USD: A Closer Look at Recent Price Movement EUR/USD continued its advance last week Last week, EUR/USD saw a continued uptrend following the rate cut rally spurred by the European Central Bank’s decision two weeks ago. This upward movement was supported by technical factors, such as the pair breaking through the topside of a bull…