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USD/CAD Rate Pulls Back to Generate RSI Sell Signal

Posted by By 04/10/2022Posted inForex
USD/CAD may face a larger pullback over the coming days as the Relative Strength Index (RSI) falls back from overbought territory to indicate a textbook sell signal.
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ECB President Christine Lagarde on Future Interest Rate Hikes

Posted by By 04/10/2022Posted inForex
ECB President Lagarde recently delivered a speech on "Monetary Policy in the Euro Area" in which she suggested that further interest rate hikes are expected as price pressures are likely…
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Do Markets Actually Care About US Jobs Data?

Posted by By 04/10/2022Posted inForex
Senior Strategists James Stanley and Christopher Vecchio, CFA discuss trading at the start of October and the upcoming September US NFP report.
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AUDNZD Sinks Away from 1.15 on Soft RBA Hike – RBNZ Eyed

Posted by By 04/10/2022Posted inForex
AUDNZD is easing from recent highs following the RBA’s dovish 25 bps hike
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Oil Soars as OPEC+ Mulls Huge Output Cut to Defend Prices. What Now for Crude?

Posted by By 04/10/2022Posted inForex
Oil prices rise and extend their recent rally on bets that OPEC+ will step in to defend prices by cutting supplies significantly at its production policy meeting this week.
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Euro Short-term Technical Outlook: EUR/USD Powers Towards Parity

Posted by By 04/10/2022Posted inForex
Euro surged more than 4.2% off support at multi-decade lows with the rally now approaching yearly downtrend resistance. Levels that matter on the EUR/USD technical charts.
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FTSE 100 Rebounds Off of Recent Lows – 7,000 Remains Key

Posted by By 04/10/2022Posted inForex
FTSE 100 has rebounded off key psychological support as risk appetite turns positive. Softer USD and lower yields support gains while technical levels remain intact.
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US Dollar Price Action Setups: EUR/USD, GBP/USD, USD/CAD, USD/JPY

Posted by By 04/10/2022Posted inForex
Has the US Dollar topped? Despite setting a fresh high less than a week ago a steady sell-off has caused many to ask the question.
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US Dollar Pushes Lower as JOLTS Report Offers Downside Surprise

Posted by By 04/10/2022Posted inForex
Job openings for August came in lower than expected, offering risk assets a renewed bid following the opening bell.
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S&P 500, Dow Jones, Nasdaq 100 Outlook: In Bounce-mode for Now

Posted by By 04/10/2022Posted inForex
Stocks are rising after taking out the June lows; rally could extend a bit further, but overall whether it ends now or later it is likely a bear market bounce.
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