RSI INDICATOR EXPLAINED – WHAT IS THE RSI INDICATOR? The “Relative Strength Index”, or “RSI”, indicator is a popular member of the “Oscillator” family of technical indicators. J. Welles Wilder created the RSI in order to…
Heads up, dollar traders!
We’ve got a fresh batch of U.S. CPI readings comin’ right up, so this might be your chance to catch big moves off USD pairs.
Event in Focus:
U.S. headline and core CPI readings for May 2023
When Will it Be…
USD/CAD TECHNICAL OUTLOOK:The Canadian dollar has strengthened significantly against the U.S. dollar since late MayBank of Canada’s hawkish stance may reinforce recent FX dynamicsUSD/CAD may head lower if the Fed sticks to the script and…
SILVER PRICES FORECAST:Silver prices rally more than 3.5% after a subdued performance in the previous trading sessionThe precious metal’s gains can be attributed to U.S. dollar weakness and falling Treasury yieldsThis article looks at key…