USD/CAD remains flat after registering modest gains in the previous trading day, hovering around 1.3630 during the Asian hours on Thursday. The commodity-linked Canadian Dollar (CAD) may struggle amid lower oil prices, given Canada’s status as the largest crude exporter to the United States (US).West Texas Intermediate (WTI) oil price…
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See AllUSD/CHF edges lower on Wednesday, breaching a key support trendline at around 0.7800 as the pair extends its downtrend, falling over 0.50% at the time of writing. The pair trades at 0.7789, as traders target the March 10 swing low at 0.7748.USD/CHF Price Forecast: Technical outlookFrom a technical perspective, the downtrend is resuming after sellers cleared the 0.7800 figure. Worth noting that USD/CHF tested the April 17 cycle low of 0.7775, but the pair recovered…
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