market Archives - Page 5 of 57

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USD/CAD Holds Strong near One-Week High despite Falling Oil Prices

by Elena Martin · April 20, 2023 ·

Oh, snap! The USD/CAD pair is holding its own near a one-week high as oil prices take a major tumble. The Loonie is feeling the pressure and lending support to ...

Brace Yourself for the Roller Coaster Ride – UOB Forecasts a Dip in the EUR/USD Currency Pair

by Elena Martin · April 20, 2023 ·

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If you're a Forex trader, buckle up for a wild ride! The United Overseas Bank (UOB) has thrown a curveball into the EUR/USD currency pair game, predicting that it's about ...

How to Use Moving Averages for Profitable Forex Trading?

by Elena Martin · April 20, 2023 ·

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Are you tired of boring and confusing forex trading strategies? Look no further, because we have an exciting and effective tool to share with you - moving averages!Moving averages are ...

New Zealand Q1 CPI Inflation Expected to Rise to 1.7%: Insights from TDS

by Elena Martin · April 19, 2023 ·

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Hold on to your hats, Kiwi watchers! The quarterly consumer inflation figures from New Zealand are due during the Asian session on Thursday, and the team at TD Securities (TDS) ...

USD/CAD Reaches the Top: Oil Drops, USD Surges

by Elena Martin · April 19, 2023 ·

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The USD/CAD pair is making some serious waves, riding high at around 1.3425 during the first half of the European session. What's driving this impressive surge? A combination of factors, ...

AUD/USD Pops Like Champagne Cork on Hawkish RBA and Upbeat Chinese Data!

by Elena Martin · April 18, 2023 ·

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The AUD/USD pair is trading with a positive bias on Tuesday and finds support from various factors. The hawkish stance from the Reserve Bank of Australia (RBA) and the upbeat ...

Get Ready to Ride the Bull: UOB Group Experts Target 134.80 for USD/JPY

by Elena Martin · April 18, 2023 ·

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Forex experts at UOB Group, including Markets Strategist Quek Ser Leang and Senior FX Strategist Peter Chia, have identified a bullish trend in the USD/JPY currency pair, with upward momentum ...

Top 7 Technical Indicators You Need to Know for Successful Forex Trading in 2023

by Elena Martin · April 18, 2023 ·

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Are you ready to take your forex trading to the next level in 2023? Then you need to know about the top 7 technical indicators that successful traders use to ...

Global Oil Demand to Rise by 2.32 Million bpd in 2023, According to OPEC

by Elena Martin · April 13, 2023 ·

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The world's energy market is always in flux, and according to OPEC's latest monthly report, the global oil demand growth forecast for 2023 remains unchanged at a whopping 2.32 million ...

USD/CAD nears 2-month low as bears target 200-day SMA below 1.3400

by Elena Martin · April 13, 2023 ·

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The USD/CAD pair is under selling pressure for the fourth consecutive day, dropping to a nearly two-month low on Thursday. Bears are eagerly awaiting a breakthrough of the important 200-day ...