The USD/CAD pair is currently witnessing modest declines, trading near 1.3685 during the early European session on Friday. The US Dollar experiences a decline relative to the Canadian Dollar, influenced by disappointing US economic indicators and an uptick in crude oil prices. The preliminary evaluation of the Michigan Consumer Sentiment Index for February is poised … Read more
USD/CAD is showing a slight increase, trading near 1.3690 during the early European session on Thursday. The pair maintains a negative perspective beneath the 100-day EMA on the daily chart. The immediate resistance is identified at 1.3750, while the initial support is observed at 1.3490. The USD/CAD pair shows resilience, approaching 1.3690 in the early … Read more
GBP/USD has transitioned from a clear four-month uptrend into a volatile, politically influenced range. Following a rise to a 4½-year peak around 1.3870–1.3880 in January, the pair has encountered downward pressure, recording intraday lows close to 1.3533 and facing challenges in regaining the 1.3700 level. Each advance beyond 1.3680–1.3720 is met with selling pressure, indicating … Read more
The EUR/USD pair is currently positioned at approximately 1.179, having struggled to maintain the breakout beyond 1.2000 and retreating from the four-year peak of 1.2085. The price has recently reached a two-week low close to 1.1777, with intraday support forming around the range of 1.1775–1.1780, as buyers attempt to maintain that level for the second … Read more
The USD/JPY pair has seen a significant reversal from a sharp decline exceeding 4% from the 159.13 level, descending to around 152.06, before rebounding approximately 3.5% off the support zone of 151.91–152.06, moving back above 157.00. The pair has experienced an upward movement in five of the last six sessions, with the price once more … Read more
The AUD/USD exchange rate experienced a notable increase following the Reserve Bank of Australia’s announcement regarding its interest rate decision on Tuesday. The asset surged to a peak of 0.700, reflecting a significant increase from this week’s low of 0.6900. The AUD/USD exchange rate has experienced a notable uptrend in recent weeks, driven by increasing … Read more
GBP/USD is maintaining the majority of its January recovery following a significant 4% increase from the monthly low. The price reached a multi-year high of 1.3869 on 27 January, marking the strongest level since September 2021, before experiencing a pause. Recent sessions indicate that GBP/USD commenced near 1.3665, reaching intraday peaks of approximately 1.3707, and … Read more
The EUR/USD pair is currently stabilizing following a significant surge that brought it to its peak level since June 2021, approaching 1.2000 last week. The recent pullback encountered support within the 1.1780–1.1775 range, attracting dip-buyers, and the spot is currently fluctuating between 1.1815 and 1.1830 during the early sessions of European and Asian trading. The … Read more
The USD/JPY pair has returned to the 155–156 range following a significant round-trip influenced by central bank anticipations and political developments on both sides of the Pacific. In late January, the pair experienced a brief decline to approximately 152.1 following indications from the Bank of Japan regarding increased inflation and growth projections for 2026, along … Read more
The USD/CAD pair has softened to approximately 1.3660 during the early Asian session on Tuesday. A significant jobs report could face postponement as a result of a partial US government shutdown. Concerns regarding US trade policy and the forthcoming CUSMA review may exert pressure on the Loonie. The USD/CAD pair is currently positioned in negative … Read more