The U.S. released the 2021 fiscal year report, which runs till September. The report showed that the U.S. had accrued a $2.77 trillion budget deficit. This happens to be the second largest the U.S. has ever recorded. The Pandemic relief project contributed to the high deficit. U.S. Records Second …
Price Action Charts in Focus
USD/CAD Regains Upside Momentum, Can It Recover From Its Downtrend?
USD/CAD Long-Term Analysis: BearishUSD/CAD is now in an upward move after the rebound above 1.2288. The current downtrend has reached bearish exhaustion. The currency pair has earlier retraced and tested the 61.8% Fibonacci retracement level. The retracement indicates that USD/CAD will fall to level …
Will EURCHF Sellers Break Through the 1.07400 Weekly Demand Level?
EURCHF Analysis - Sellers Wield the Will to Break Through the Critical Support Level EURCHF sellers will try to plunge the market below the level where prices have been resisted since the beginning of the year. This will mean breaking through the market's critical demand level, which extends from …