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Source: Forexcom News Agency
3 weeks ago
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USD/CAD Analysis: Can the Canadian Dollar Maintain Its Momentum?

USD/CAD Analysis: Can the Canadian Dollar Maintain Its Momentum?

The trading week continues to be particularly relevant for the strength currently being displayed by the Canadian dollar. Over the last two trading sessions, USD/CAD has declined by approximately 0.7%, once again highlighting a bearish bias in favor of the Canadian currency.

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USDCAD USD/CAD
Source: Forexcom
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Source: Forexcom News Agency
3 weeks ago
Forex Medium Importance AI Analyzed
Japanese Yen Technical Outlook: USD/JPY Plunges Toward Critical Support

Japanese Yen Technical Outlook: USD/JPY Plunges Toward Critical Support

Japanese yen intervention risk is back after Tokyo ran a rate check, the step that usually comes before Japan acts in the market. Michael Boutros, StoneX Media Senior Market Analyst, walks through the Japanese yen across weekly, daily and four hour charts.

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USDJPY USD/JPY
Source: Forexcom
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