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Forex

Bitcoin (BTC), Ripple (XRP) Stemming Heavy Losses as Volatility Returns

Posted by By 26/11/2020Posted inForex
The cryptocurrency bull run made an abrupt U-turn overnight and printed heavy losses across the board as sellers dominated price action.
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CAD Rate Outlook: CAD/JPY, AUD/CAD Levels to Watch

Posted by By 26/11/2020Posted inForex
CAD to play catch up with crude oil gains. CAD/JPY rangebound, AUD/CAD nearing resistance.
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USD/CAD Forecast: Loonie Strength Continues Post-Election

Posted by By 26/11/2020Posted inForex
Canadian dollar bulls remain in control as fundamentals support a bullish bias. With Canadian GDP figures due next week, will USD/CAD continue its downward trajectory?
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ASX 200 Takes a Breather, AUD/USD Eyeing September High

Posted by By 26/11/2020Posted inForex
The ASX 200 is currently resting on a key support as the Aussie looks set to attempt a new 2020 high
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Euro Latest: EUR/USD Well Placed to Hit 1.20 Level

Posted by By 26/11/2020Posted inForex
This month’s trend higher in EUR/USD looks likely to persist, despite weak German consumer confidence, as the government decides to leave the country’s shops open.
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British Pound Outlook Hinges on Brexit Progress Ahead of Key Deadline

Posted by By 26/11/2020Posted inForex
The British Pound could be at risk of a reversal lower as Brexit negotiations between the European Union and Britain fail to make any significant progress ahead of key deadline.
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Gold Price Drop May Continue as Fed Stimulus Bets Unravel

Posted by By 26/11/2020Posted inForex
Gold prices slid to a four-month low as easing political uncertainty and Covid-19 vaccine hopes cooled Fed stimulus expansion bets. The chart setup hints at deeper losses ahead.
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Nifty 50 Sinks, Deeper Pullback Ahead? Indian Rupee Clears Key Support

Posted by By 26/11/2020Posted inForex
The Indian Rupee capitalized on a weaker US Dollar as the Nifty 50 succumbed to profit-taking ahead of the Thanksgiving holiday in the US. Will Indian stocks keep falling?
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S&P 500 May Rise Further, Fed-Treasury Affray Brushed Aside for Now

Posted by By 26/11/2020Posted inForex
The dispute between the Federal Reserve and the Treasury Department concerned economists and government officialslast week. Traders, however, appeared unfazed following the squabble as U.S. equity ...
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Dow Jones Pullback May Cool a Rally in Nikkei 225, Straits Times Index

Posted by By 26/11/2020Posted inForex
Dow Jones Industrial Average retraced below 30,000 as profit taking kicked in ahead of the Thanksgiving holiday. Moderna’s chief doctor said vaccines may not prevent the transmission of Covid-19.
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