Gold–25.04.2025 – Orbex Forex Trading Blog

By Brigid Riley (Reuters) -The dollar held near its lowest in more than a year against a basket of peers on Wednesday, with sterling trading just off multi-year highs, as markets focussed on clues to the size of a widely expected U.S. interest rate cut next month. Cryptocurrency bitcoin took the spotlight in Asia, dropping…

What’s In a Name All jokes aside, this is a really weird name for an indicator.  Maybe that’s what caught our eye.  We immediately reverted to middle school humor, cycling through various sophomoric jokes, innuendo, and general chuckling.  Once the noise died down, and we shook off the hilarity, we figured, why not?  Let’s see…

USDCAD Price Analysis Expected ScenarioThe USDCAD price settles above the main bullish channel’s support line, getting continuous positive support by the EMA50, to continue suggesting the bullish trend on the intraday and short-term basis, reminding you that our next target reaches 1.3845$.Stochastic current negativity might cause some temporary sideways…