USD/CAD Pullback from 50-Day SMA Leads to Break of March Opening Range
USD/CAD snaps the monthly opening range for March ahead of the update to Canada’s Employment report as it continues to pullback from the 50-Day SMA (1.2694).
Crude Oil Forecast – Keep an Eye on Channel as Correction Risk Rises
WTI crude oil is firmly heading higher but has a big level of resistance in its way and may soon be in correction mode.
Three Women Leaders Changing Finance, Economics and Business
To mark International Women’s Day on March 8, we are highlighting three women leaders who are steering financial, economic and business organizations through unprecedented change.
Silver Technical Analysis – Important Test of Previously Broken 1-yr Trend-line
Silver broke the trend-line dating back to last March and is currently testing it; watch how price action plays out here.
Breaking: ECB PEPP Purchases to be Significantly Higher, EUR/USD Dips
Euro and Bund yields dip as ECB steps up PEPP purchases for next quarter.
Euro Latest: EUR/USD, EUR/GBP Price Action Set-Up for ECB
EUR/USD faces first resistance test. EUR/GBP hovers in oversold territory.
XAU/USD: Gold Bulls Take Advantage of Falling Yields Ahead of Unemployment Data and Biden Speech
The price of gold is showing strong upside momentum as investors await for further guidance
British Pound (GBP) Latest: GBP/USD Technically Strong, Bounce Set to Continue
GBP/USD has broken higher from a falling wedge pattern on the daily chart, suggesting that the drop seen since February 25 was corrective rather than the start of a new…
Euro, DAX 30 Forecast: ECB Rate Decision to Dictate Near-Term Trajectory
The European Central Bank’s upcoming interest rate decision may clear a path for the Euro to gain ground against its major counterparts while triggering a short-term pullback for the German…
Crude Oil Prices Eyeing OPEC Report as Stocks Rise, Gold Could Gain on the ECB
Crude oil prices may rise alongside stocks, eyeing OPEC’s monthly outlook report. Meanwhile, gold could benefit from the upcoming ECB rate decision.