Wall Street trading saw a lull from the recent two-day rally that drove the Dow Jones above 30,000 for the first time as U.S. traders step away for Thanksgiving. Meanwhile,…
The US Dollar continues to struggle as downward pressure mounts and pushes the DXY Index to a new monthly low while market participants overlook unclear FOMC minutes.
New trends appear to be taking shape ahead of 2021 as the price of gold trades at its lowest level since July, with the RSI indicator highlighting a similar dynamic.
Canadian Dollar rallied 2.5% month-to-date with USD/CAD now eyeing yearly open support near the 2020 low. Here are the levels that matter on the Loonie technical charts.
AUD/USD approaches the yearly high (0.7414) ahead of the RBA’s last meeting for 2020 as it breaks out of the range bound price action carried over from last week.