USD/CAD Price Forecast: Could test 1.4200 barrier near nine-day EMA
The USD/CAD pair may encounter immediate resistance near the nine-day EMA at 1.4230, which aligns with the upper boundary of the falling wedge. A further hurdle is seen at the 14-day EMA of 1.4263. A ...
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Rand Gains in Wild Week Despite Inflation Shock, Tariffs & Bad News
Forex Analysis by Dynamic Outcomes Rand Forecasting Service (James Paynter) covering: US Dollar South African Rand, Gold Spot US Dollar, Gold Futures, FTSE 350 Mining. Read Dynamic Outcomes Rand ...
Emerging markets (EEM) are breaking higher; be aware of lower US Dollar lower
Now that EEM is recovering and breaking above a key channel resistance, it signals that bullish momentum is returning. If this trend continues on EEM to 2024 highs, then DXY could decline to the ...