The Canadian Dollar (CAD) extended its losing streak for a fifth straight day on Wednesday, slipping further against the U.S. Dollar (USD). The drop followed the Bank of Canada’s (BoC) decision to leave its benchmark interest rate unchanged at 2.75%, as expected. Concerns over stubborn inflation and trade-related uncertainty are adding pressure on the currency. […]
The Federal Reserve is expected to maintain its current interest rate policy at this week’s July meeting. The market expectations for a September cut is standing at approximately 60%. According to Stephen Juno, Senior U.S. Economist at BFA Securities, Chair Jerome Powell will likely deliver a “wait-and-see” message that reflects the central bank’s cautious approach. […]
The Euro (EUR) is holding its ground around the 1.15 level after falling 1.3% against the US Dollar (USD) on Monday. According to Scotiabank strategists Shaun Osborne and Eric Theoret, the currency is trying to stabilize after the sharp decline. Interest Rate Differentials Support the Euro Despite recent volatility, underlying fundamentals remain positive for the […]
Market Analysis – July 28 The AUDJPY pair recently encountered significant resistance at the 95.750 level. However, buyers ultimately broke through this barrier with a strong bullish push, driving price action toward the next resistance zone at 98.350. Following the formation of a swing high near this level, a retracement ensued, pulling prices back down […]
NAS100 Analysis – July 27 NAS100 is approaching a cautious phase due to overextension and its proximity to a key trendline. In recent weeks, the index has maintained consistent bullish momentum, forming a series of higher highs and higher lows above the 9-day Simple Moving Average (SMA), which currently stands at $23,120. However, momentum indicators […]
Market Analysis – July 26 After a significant bullish break of structure, Gold initiated a strong upward trend as buyers firmly took control of the price action. This bullish momentum continued until mid-April 2025, when the price reached the $3400.000 supply level, where it encountered strong resistance that temporarily paused the advance. GOLD Key Levels […]
The GBPAUD market continues to decline toward lower price levels. This weakness appears to stem from worse-than-expected Retail Sales MoM data—which came in at 0.9%, falling short of the 1.2% forecast. Meanwhile, Australia’s economic performance remains strong, generating headwinds for the pair. These factors may influence the market’s direction for further downside movement. Key Levels […]
The currency pair anticipates more increase.Selling pressure might subside while the bulls will take the leading soon. EURAUD Weekly Price Analysis –July 27 Today, the EURAUD price may increase further and continue to rise as the pair attempts a bullish reversal on the 4-hour chart. The pair remains above the resistance line due to the […]
Market Analysis – July 25 FTSE 100 continues its bullish advance, with price action nearing the significant 9200.00 supply level. This upward momentum originated from a major reversal in April 2025, which shifted the broader market structure to bullish—a sentiment that remains intact. FTSE 100 Key Levels Demand Levels: 8400.0, 8060.0, 7650.0Supply Levels: 8850.0, 9200.0, […]
