Tag: currency
Canadian Dollar Short-term Outlook: USD/CAD Breakout Imminent
Jennifer -
The Canadian Dollar (CAD) has seen significant movement against the U.S. Dollar (USD), with the USD/CAD pair plunging nearly 6.9% from its yearly high,...
Gold’s Rise as the Safe Haven Amid U.S. Dollar and Treasury Sell-Off
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In recent months, gold has seen significant price surges, driven by increasing demand for safe-haven assets as trade tensions and U.S. policy shifts have...
EUR/JPY Holds Above Key Support, Eyes Renewed Upside – Forecast for April 29, 2025
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The EUR/JPY currency pair has temporarily paused its upward movement after losing bullish momentum and slipping below the 163.25 level during the previous session....
India’s Forex Reserves Surge to Six-Month High as Rupee Strengthens
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India's foreign exchange (forex) reserves have surged to a six-month high, reaching $686.15 billion as of April 18, marking the seventh consecutive weekly increase....
EUR/JPY Tests Resistance: Bearish Bias for April 25, 2025
Jennifer -
The EUR/JPY currency pair has encountered upward pressure, supported by a series of positive movements and forming additional support at 161.60. This has allowed...
EUR/CAD Faces Strong Resistance: Bearish Outlook for April 25, 2025
Jennifer -
The EUR/CAD currency pair has encountered significant resistance at the 1.5885 level, marking the end of its recent bullish rally. This resistance led to...
CADJPY Continues Decline – Forecast for April 22, 2025
Jennifer -
The CADJPY currency pair remains under bearish pressure, consistently trading below the 61.8% Fibonacci retracement level at 103.55. This level continues to act as...
GBP/USD Soars to New Highs – Analysis (21 April 2025)
Jennifer -
The GBP/USD currency pair experienced a notable surge in recent intraday trading, breaking through the key resistance level at 1.3290. This move reinforces the...
EUR/USD Approaches New Highs – Analysis (21 April 2025)
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The EUR/USD currency pair surged higher during recent intraday trading, reaching a key level of 1.1470 at the start of the week. This level...
Foresight Group-Backed Funds to Acquire Harmony Energy in $278 Million Deal
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Two funds managed by UK-based investment manager Foresight Group LLP announced on Wednesday that they have agreed to acquire Harmony Energy Income Trust (LSE:...
EUR/USD Price Update – April 16, 2025
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The EUR/USD currency pair experienced a decline in its latest intraday trading session, following a period of upward momentum. This pullback appears to be...
CHFJPY Sets Sights on Further Gains – Forecast for April 15, 2025
Jennifer -
The CHFJPY currency pair has successfully triggered a bullish momentum, maintaining stability above the key resistance level of 173.95, previously part of a bearish...