USDCAD has continued to weaken against its counterpart. This seems largely due to the Federal Reserve's decision to leave rates unchanged. Coupled with burgeoning economic developments on the CAD side, headwinds continue to drive the market toward lower price levels. Key Price Levels: Resistance …
Forex Strategies
NZDUSD is Pressing Back to 0.60710 Significant Level
Market Analysis - Market Traders Are Awaiting a Stronger Trend The NZDUSD price has recently retreated and is now pressing back towards the significant level of 0.60710. However, the currency pair has yet to kickstart a stronger trend this month. Since early last month, the bears have managed to …
RBA’s Cautionary Tone Spurs As AUD Surge
RBA's cautionary tone spurs as AUD surges. This pair has experienced significant movements in recent sessions. The Reserve Bank of Australia (RBA) recently set a cautious tone in its policy announcement. There have been warnings of potential interest rate hikes. This unexpected announcement had a …
