Canadian Dollar Price Outlook: USD/CAD Range Support, Trend On Pause
The US Dollar has been very weak over the past couple of days, but USD/CAD is holding the hard line of support, at least... Read more
US Dollar May Decline As Demand For Federal Reserve Swaps Collapses
The US Dollar may continue to slide as the $74 billion contraction of the Federal Reserve’s balance sheet highlights f... Read more
Macro Matters: USD Rising Wedge - Gold, Oil Flirt With Breakouts
As the US Dollar shows breakdown potential, both Gold and Oil prices look to be set up for possible bullish breakouts. Read more
Euro Perched At Key Support As US Dollar Looks To Make A Comeback
EUR perched at key support as the USD benefits from risk aversion. Could contraction in the Fed’s balance sheet fuel f... Read more
EUR/USD May Break Down Despite Record 1.3 Trillion In ECB Cash
EUR/USD may break down despite a record 1.3 trillion ECB cash injection as technical studies suggest a push lower throug... Read more
EUR Technical Analysis: Euro Supported, EUR/USD Builds Falling Wedge
Euro strength has been on its back foot since last week's FOMC meeting. Can bulls come into defend a key zone of support... Read more
GBP/USD Treading Water As Investors Eye BoE Rate Decision
GBP/USD is in danger of breaking down as focus turns to the Bank of England (BoE) interest rate decision. Read more
Gold Price Outlook: Gold Holds Below Key Resistance, Range Remains
Despite the fireworks in equities Gold prices have remained fairly calm over the past couple of months. Is that set to s... Read more
GBP/JPY Eyes Monthly Low As COVID-19 Concerns Fuel Risk Aversion
GBP/JPY may continue to retreat from post-crisis highs, as second-wave Covid-19 outbreak concerns and China-India tensio... Read more
Canadian Dollar Price Outlook: USD/CAD Bucks Trend, Can Bulls Drive?
USD/CAD has mirrored USD-themes well over the past couple of months and a recent breakdown in the pair remains in full v... Read more
EUR/USD Rally In Danger Despite Fresh Stimulus Injection
EUR/USD at risk of reversal at key resistance despite a burst of optimism in Asia-Pacific trade as the Trump administrat... Read more
S&P 500, Dow Start Week With Pullbacks And Support Tests
The stock rally cooled last week after Chair Powell's press conference following the FOMC rate decision. Was that a blip... Read more
DAX 30 Breaks 12-Week Uptrend As COVID-19 Fears Spook Markets
Risk appetite all but evaporated in Asia-Pacific trade as a surge in COVID-19 cases in China spooked market participants... Read more
AUD May Suffer Vs USD Ahead Of Chinese Industrial & Retail Sales Data
The Australian Dollar may extend its decline versus the anti-risk US Dollar and Japanese Yen ahead of the release of Chi... Read more
EUR/USD Falters As COVID-19 Cases Surge, US Stocks May Recover
EUR/USD has surrendered at key resistance as a surge in US COVID-19 cases sent risky assets spiraling downward. However,... Read more