Over the weekend, Janet Yellen answered questions concerning the tendency for inflation in America due to the pandemic budget plans of President Joe Biden. She says the President’s spending plan will not give rise to inflation as appropriate measures have been put in place. President Joe …
EURUSD Gets Exhausted After Aggressive Rally
EURUSD key zones:Supply zones: 1.23500, 1.21500Demand zones: 1.20000, 1.17000EURUSD once again has failed to make a higher-high on the daily time frame. It closed the week on Friday with a large bearish candle failing to break through the resistance at 1.21500. EU rallied aggressively after it …
USD/CAD Breaks Level 1.2400 as Market Resumes Bearish Momentum
USD/CAD Long-Term Analysis: BearishUSD/CAD faces rejection at the 1.2600 resistance level. Since March 23, the currency pair has been fluctuating below the resistance level, In April 24, the bears broke the 1.2600 resistance as the market resumed a downward move. The currency pair has reached the …
