The USDCAD is at risk of slipping under downward pressure. The USD/CAD pair is currently struggling to remain above the immediate support of 1.3140. This is a consequence of the risk-off stand and elevated interest rates from the Federal Reserve, which weigh on the pair. The US Dollar Index has …
Price Action Charts in Focus
Dash 2 Trade (D2T/USD) Bulls Determined to Break the $0.008 Price Barrier
There was a massive bullish rush in one of the 4-hour sessions of yesterday’s market. The Dash 2 Trade reached a high of $0.008413, but they could not sustain the bear market at that height, and the market fell back below the $0.008 price level. Both demand and supply appear weak in today’s …
EURUSD Drops as Sellers Flirt Below the 1.09160 Key Level
EURUSD Analysis - Market Now Settles for a Bearish Drive EURUSD drops as sellers flirt below the 1.09160 key zone. This is a sign that the market has decided to settle in a bearish direction. The currency pair has been in a sideways movement since the beginning of this year, between the key levels …
