USD/CAD Technical Outlook is Bearish Based on Chart Formation
USD/CAD took a big hit on Friday, and with that it is testing important support; […]
Nasdaq 100 Wave Analysis
Nasdaq 100 reversed from pivotal support 10650.00 Likely to rise to resistance level 11585.00 Nasdaq […]
EURCAD Wave Analysis
EURCAD reversed from key support 1.3280 Likely to rise to resistance level 1.3520 EURCAD under […]
China’s Weak Trade Surplus is No Cause for Disappointment
China’s exports contracted by 0.4% YoY in October, while imports lost 0.7% YoY in dollar […]
WTI: Oil Holds Bullish Tone after Friday’s 5.3% Rally
WTI oil price regained traction after a gap-lower opening and subsequent dip on Monday, pressuring […]
US 500 Index Flirts with 50-day SMA But Outlook Remains Negative
The US 500 stock index is moving slightly higher, approaching the 50-day simple moving average […]
Canadian Dollar Soars after Employment Report
The Canadian dollar is almost unchanged today, trading at 1.3483. Canadian dollar flies on job […]
XAUUSD: Bulls Taking a Breather But Remain in Play on Hopes of Less Aggressive Fed
Spot gold holds firm bullish stance and consolidating under three-week high, posted after 3.2% rally […]
GBPUSD: Cable Extends Advance, Eyes 1.15 Garrier
Cable surges above 1.14 handle in European trading on Monday, in extension of Friday’s bounce […]
USDJPY: Dollar Keeps Weak Tone, Boosting Fears of Reversal
The dollar turns to red in early Europe after initial gains in Asia on Monday […]
EURUSD: Euro Remains Firm after Friday’s 2.1% Advance on Renewed Risk Appetite
The Euro keeps firm tone at the beginning of the week and consolidating after 2.1% […]
Eurozone Sentix investor confidence rose to -30.9, concerns of catastrophic gas shortage fading
Eurozone Sentix Investor Confidence rose from -38.3 to -30.9 in November, above expectation of -35. […]