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CAD/JPY Holds Above Key Support – Forecast for September 18, 2024

The CAD/JPY currency pair has demonstrated resilience against negative pressures, closing positively above the crucial support level of 102.80. The price has rallied past...

CADJPY Faces Strong Support: Forecast for September 13, 2024

On September 12, 2024, the CADJPY currency pair encountered robust support at the 61.8% Fibonacci retracement level, stabilizing at 103.50. This level has proven...

NZDCAD Expected to Decline: Forecast for September 12, 2024

The NZDCAD currency pair has recently experienced a series of corrective bearish movements. The price encountered resistance at the 38.2% Fibonacci retracement level, located...

CAD/JPY Price Forecast: September 6, 2024

The CAD/JPY currency pair has resumed its downward trajectory, falling below the 50% Fibonacci correction level at 106.45. This movement suggests a continuation of...

AUDCAD Surrenders to Resistance Line Stability – Forecast for September 3, 2024

The AUDCAD currency pair has encountered significant resistance at the 0.9167 level, resulting in a strong negative shift and a subsequent decline to 0.9110. Looking...

USD/CAD Rises to Near 1.3500 as Oil Prices Decline

The USD/CAD exchange rate has recently moved up to approximately 1.3500, driven by lower crude oil prices impacting the commodity-linked Canadian Dollar (CAD). This...

NZDCAD Faces Strong Resistance – Forecast for August 23, 2024

The NZDCAD price encountered a significant resistance at the 50% Fibonacci retracement level of 0.8375 during its recent bullish rally. This level has proven...

What Is the Most Predictable Forex Pair?

The foreign exchange (forex) market is the largest and most liquid financial market in the world, offering traders a multitude of currency pairs to...

CADJPY Fluctuates Above Support – Forecast for August 19, 2024

The CADJPY exchange rate has shown fluctuations due to stochastic negativity, resulting in a new negative rebound. The currency pair is approaching the 50%...

NZD/CAD Continues Uptrend – Forecast for August 13, 2024

The NZD/CAD exchange rate has sustained its bullish momentum, surpassing the 55-day moving average (MA55) and achieving a new high at 0.8292. The key...

AUD/CAD Continues Downward Trend: Forecast for August 1, 2024

The AUD/CAD currency pair remains under bearish pressure, as evidenced by recent trading activity. The pair has consistently closed below the 0.9082 mark, indicating...

EURCAD Continues Positive Momentum – Forecast for July 29, 2024

The EURCAD pair has consistently closed above the support level at 1.4965, reflecting ongoing positive momentum. Recent gains have driven the price to 1.5025. With...

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