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Daily Forex News and Watchlist: USD/CAD
USD/CAD has broken above a key technical resistance!
How high can USD/CAD fly?
Before moving on, ICYMI, yesterday’s watchlist looked at AUD/USD’s Head and Shoulders pattern after Australia printed weak labor market data. Be sure to check…
Hawkish RBA Unable to Arrest Slide, 200-Day MA in Focus
AUDUSD PRICE, CHARTS AND ANALYSIS:
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Most Read: US Dollar Bumped Higher by Hawkish Fed and Blistering PPI. Higher USD?AUDUSD FUNDAMENTAL BACKDROPAUDUSD…
Chart Art: Potential Triangle Breakouts on CAD/CHF and AUD/CAD
Check out these Loonie pairs bracing for big moves!
Better keep your eyes on these levels if you’re going for a breakout.
AUD/CAD 1-hour Forex Chart by TradingView
First up, we’ve got this neat descending triangle on the hourly chart…
Potential consolidation ahead of further losses
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Open interest in gold futures markets increased by just 544 contracts on Thursday, snapping a…
Momentum Slowing as the UK FTSE Index Scales to New Highs
UK FTSE Index, UKK, FTSE 100 Index - Technical Outlook:Upward momentum is slowing as the UK FTSE Index stages fresh record highs.While there is scope for medium-term gains, a minor pause in the short-term can’t be ruled out.What are the…
EURUSD, GBPUSD, AUDUSD and USDJPY
S&P 500, Dollar, EURUSD, GBPUSD and AUDUSD USDJPY, Talking Points:The Market Perspective: EURUSD Bearish Below 1.08; USDJPY Bullish Above 133A risk aversion lean through Thursday found a fight in the through the Thursday session, but…
Commodities Watchlist: Brent Crude Oil (UKOIL) Reversal Formation
Watch out, oil bulls!
I’m seeing signs of an uptrend reversal on the short-term time frame of Brent crude oil.
Can the commodity price fall through its neckline soon?
Brent Crude Oil (UKOIL) 1-hour Chart by TradingView
Is that a…
Mildly bid above $78.00 within weekly triangle
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WTI picks up bids to snap four-day downtrend, stays within one-week-old symmetrical triangle.…
US Dollar Bumped Higher by Hawkish Fed and Blistering PPI. Higher USD?
US Dollar, Federal Reserve, PPI, DXY Index, Treasury Yields - Talking PointsThe US Dollar continued strengthening today after Treasury yields soaredPPI data reveals an economy with price pressures building againThe Fed reminded markets of…
Bears approach 11-week-old support near 0.6220
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NZD/USD holds lower ground near six-week low, prints four-day downtrend.
Clear break of…