The USD/CAD pair continues to stay in the buyer’s territory, so further growth is in cards. In the short term, the price has slipped lower, it could test and retest the immediate support levels before resuming its upwards movement. The currency pair rallied after the US ISM Manufacturing PMI …
USD/ZAR Correction Could Be Over!
The USD/ZAR pair was into a corrective phase which could be over. The pair dropped as the Dollar Index dropped after its amazing swing higher. The price action signaled that the USD/ZAR could turn to the upside, but we still need strong confirmation before considering going long. It remains to …
GBP/USD Bullish Movement!
GBP/USD is traded at 1.3358 level and is fighting hard to resume its rebound. As you already know, the Dollar Index registered a sharp downside movement which punished the greenback. In the short term, we cannot exclude a swing higher after its failure to make a new lower low. Fundamentally, the …
