Tag: Currency pair trends

Last week, GBP/USD showed a decrease in downward momentum, despite a drop from the short-term high of 1.3433. This week, the initial bias remains neutral. The currency pair is expected to find strong support...

Oil inventory data revealed a larger-than-expected build in headline crude oil. The Federal Reserve's Collins stated that labor markets are in a positive state overall. Major indices closed higher, and it was mentioned that...

USD/CAD Weekly Forecast and Analysis: Potential for Rebound Amidst UncertaintyThe USD/CAD currency pair experienced some fluctuations last week, edging higher to 1.3646 before facing resistance above the 38.2% retracement level at 1.3633. Despite the...

USD/CAD Weekly Forecast: Latest Analysis and PredictionsThe USD/CAD pair saw a rebound from 1.3439 last week, although it struggled to break through the 1.3617 resistance level decisively. As we head into the new week,...