Temporary First Republic-Related Stress to Fade Further
Markets First Republic shares remain in tailspin, but spillover to other markets was way smaller […]
JPY Carry trade: Downside Pressure Mounts as Global Demand Faces Headwinds
Commodities and growth proxies JPY crosses are leading the decline in G10 JPY carry trade […]
GBPCAD Another Blue Box Offered Another Buying Opportunity
In this technical blog, we will look at the past performance of the 4-hour Elliott […]
USDCAD to Rise as Crude Oil Prices Weigh on Canadian Dollar
Oh, the poor Canadian Dollar. It’s been underperforming against the US Dollar lately, extending its […]
CAD Under Pressure
USD/JPY pulls back The Japanese yen edged higher as inflation in March gathered speed. The […]
USDCAD Rebounds Strongly from April Lows
USDCAD had been trending lower after peaking at the 2023 high of 1.3860 in mid-March. However, […]
USD/CAD Bulls Emerge at Support
Canadian Dollar technical outlook: USD/CAD short-term trade levels Canadian Dollar rally halted at yearly extremes […]
UK job data and Canada CPI in focus, GBP/CAD pressing 55 D EMA
UK employment and Canada CPI data are the major focuses for today. BoE is clearly […]
GBP/USD Corrects Gains While USD/CAD Eyes Recovery
GBP/USD faced resistance near 1.2540 and started a downside correction. USD/CAD is recovering and might […]
Yen Extending Decline, CPIs and PMIs to Take Spotlights
Asian trading remains relatively subdued today, with the exception of Yen’s ongoing selloff. Meanwhile, Dollar […]
EUR/AUD, EUR/CAD, GBP/AUD, GBP/CAD uptrend resumptions
Both Euro and Sterling have made significant gains against Australian and Canadian Dollars this week, […]