Trade Idea: Technical Breakdown of Top Cryptos
BTCUSD Let’s start off with a look at the Daily timeframe on Bitcoin. We currently […]
NZDCAD Wave Analysis
NZDCAD broke key resistance level 0.8340 Likely to rise to resistance level 0.8475 NZDCAD today […]
US Dollar Slides Ahead of Fed Chair Comments While Equities Weigh Growth Prospects
The US Dollar is on the back foot again ahead of commentary from the Federal […]
Hang Seng Index Technical Outlook: Upside Could Be Limited
The upward momentum in the Hang Seng Index (HIS) appears to be fading suggesting that […]
S&P 500 Faces Its First Serious Range Break Threat with Fed’s Powell Remarks
Event risk has started pick up this past session with US consumer confidence, Germany CPI […]
Canadian Dollar Dented by GDP Data, But USD/CAD Near-Term Downtrend Holds
The Canadian Dollar fell as a GDP slowdown cooled BoC rate hike bets. Still, USD/CAD’s […]
USDJPY Outlook Particularly Prone to Fed Messaging
The world’s largest central bank is going to absorb key event risk and is up […]
Technical Tuesday: S&P 500, Dollar Index, GBP/USD and Gold
Welcome to Technical Tuesday, a weekly report where we highlight some of the most interesting […]
Canada’s GDP Continues to Grow Above Trend
The Canadian economy expanded by 2.9% quarter/quarter annualized (q/q) in Q3 2022. However, the flash […]
Stocks Rise on China Hope
US futures Dow futures +0.07% at 33790 S&P futures +0.03% at 3963 Nasdaq futures +0.13% […]
US consumer confidence dropped to 100.2, most likely prompted by recent rise in gas prices
US Conference Board Consumer Confidence dropped from 102.2 to 100.2 in November, slightly above 100.0. […]