Forex

Canadian Dollar is on the defensive into the weekly open as USD/CAD rebounds off downtrend support. Here are the technical levels that matter on the Loonie weekly chart.

Gold got grounded last week and finished with a bearish engulfing pattern. Can sellers drive Gold to fresh lows?

Silver volatility has gone up in recent days, but silver prices have come down. That’s not a good sign.

The Relative Strength Index (RSI) may indicate a textbook sell signal for the price of oil if the oscillator slips below 70.

GBP/JPY retracement may find support and continue its range-bound sequence but a harsher UK lockdown could weigh heavily on the Sterling

The DXY is trading higher after breaking a near-term channel structure, could trade up to an important test of resistance.

Last weeks surprise 4.34% spike on USD/ZAR has since been consolidating after South Africa locks in initial COVID-19 vaccines. Is the Dollar rally over or will the Rand bounce back?

US Dollar correction persists, GBP falls to daily lows, US equity futures softer and gold bounces off short-term support.

US Treasury yields continue to push higher, giving the US dollar a slightly better bid against the Euro.

FTSE 100 off to a strong start to 2021, reduced political headwinds and reflationary exposed sectors may see index outperform.