USDCAD reversed from resistance level 1.3530 Likely to fall to support level 1.3400 USDCAD currency pair recently reversed down from the pivotal resistance level 1.3530 (which has been repeatedly reversing the pair from the middle of January). The downward reversal from the resistance level 1.3530 will most likely form the daily Evening Star today – […]
Fundamental Analysis Spot gold (XAU/USD) is steady near 2567.79 after rebounding from a two-month low of 2530, impacted by the strong US dollar and Jerome Powell’s recent speech. The US Dollar Index (DXY) reached a year-to-date high, bolstered by persistent inflation, a robust labour market, and Powell’s optimistic comments describing the US economy as “remarkably […]
The post XAUUSD: Key Levels Amid USD Strength and Powell’s Remarks appeared first on Action Forex.
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