The D2T/USD market has been buzzing with active participation from both bullish and bearish traders. This heightened involvement has led to increased market volatility, resulting in rapid price fluctuations. In the early part of this month, despite facing resistance from bearish traders, the bulls …
Price Action Charts in Focus
USDCAD Resumes Its Upside Correction
USDCAD had previously extended the downward correction observed during the prior week into Monday's trading session. However, yesterday's trading revealed a sharp upward correction. The current session continues to hold promise for bullish traders, as the market is poised for further price …
Bank of Canada (BoC) Eye Rate Cuts
Bank of Canada (BoC) eye rate cut. CAD has been flexing its muscles against the US Dollar (USD), and several key factors are contributing to its current strength. One of the primary drivers behind the CAD's rise is the mounting pressure on the USD in the broader financial markets. The waning demand …