Global Markets Rally on Central Bank Easing Signals; Currencies Show Subdued Movements
Global markets were buoyed by pervasive risk-on sentiment last week, with both FTSE and DAX […]
Canadian Dollar Quiet Ahead of Jobs Data
The Canadian dollar is almost unchanged on Friday. USD/CAD is up 0.03%, trading at 1.3680 […]
USDCAD Slips Beneath 20-day SMA
USDCAD may retest the uptrend line MACD and RSI lose steam USDCAD is sliding beneath […]
GBP/USD Bulls Struggle While USD/CAD Regains Strength
GBP/USD declined below the 1.2550 support zone. USD/CAD is rising and might aim for more […]
Canadian Dollar Slips Despite Strong Ivey PMI
USD/CAD has edged higher on Wednesday and is up 0.25%, trading at 1.3760 at the […]
GBP/USD and USD/CAD Daily Chart Outlook
GBP/USD is attempting a recovery wave from 1.2300. USD/CAD is consolidating and might aim for […]
Yen in Search of New Lows, Commodity Currencies at a Low Start
In recent trading sessions, the dollar has been trading quite differently to leading currencies. Thus, […]
Market Turbulence Amid Middle East Tensions Highlights Fragile Investor Sentiment
It was a dramatic week in the global financial markets with rapid shifts in investor […]
USDCAD Puts Rally on Hold Near 1.3800 Caution Zone
USDCAD pauses aggressive bull run near five-month high Faces resistance around 1.3800, but remains supported […]
Commodity Currencies at Strategic Levels. What Can Affect a Breakdown Downwards?
The decline in investor expectations regarding a change in the vector of the Fed’s monetary […]
CADJPY Elliott Wave : Forecasting the Rally After 3 Waves Pull Back
In this technical blog we’re going to take a quick look at the Elliott Wave […]
Bets on June Fed Rate Cut Abandoned, Dollar Asserts Dominance
The financial markets were jolted last week by data confirming the stall in disinflation progress […]