Although GBP/CAD is in an uptrend on all time frames, it is nevertheless oscillating within an ascending channel. It is possible, therefore, that it may be entering one of its counter-trend bear phases. The Relative Strength Index (RSI) has formed a bearish divergence with ...
The GPB/CAD exchange rate is forecast at 1.56 by year-end, 1.55 by the end of the first quarter of 2023, 1.51 by mid-year and 1.48 by the end of the third quarter. Spot is currently at 1.55. The Euro-Canadian Dollar exchange rate is forecast at 1.35 by year-end 2022, 1.35 by th...
Crude Oil Price Forecast: Crude Oil Tests Resistance, Awaits Bullish Breakout BNB Price Nears $685 All-time High Despite Binance Struggles in USA and Nigeria UK Annual Inflation Rate Slides to 2.3% in April vs. 3.2% in March 2024 The views and opinions expressed herein are...
USD/CAD 160823 Daily Chart Taking a look at the daily chart, a move above the resistance in the 1.3500 – 1.3520 range will open the way to the test of the next resistance at 1.3650 – 1.3670. USD/JPY USD/JPY 160823 4h Chart USD/JPY gains ground as Treasury yie...
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Taking a look at the daily chart, USD/CAD settled above the 1.3520 level and is trying to gain additional upside momentum. In case this attempt is successful, it will head towards the resistance at 1.3650 – 1.3670. USD/JPY USD/JPY 240823 4h Chart USD/JPY moved highe...
Oil Prices Forecast: WTI & Brent Traders Weigh Economic Headwinds Gold Breaks Out of Inside Day: Bullish Momentum Building Bitcoin Miners Sell-Off $70M BTC in 3 Days —Here’s the Price Forecast for Next Week The views and opinions expressed herein are the views and ...