Canadian Dollar Price Forecast: USD/CAD Support, AUD/CAD Breakdown
USD/CAD is re-testing a key area on the chart, but the breakdown in AUD/CAD has been fairly clear following last week's descending triangle.
Trump Vs. Biden on Economies and Markets
Depending upon the outcome of the November presidential election, the US economy could take very different tracks.
Markets Week Ahead: US Dollar, Euro, S&P 500, Oil, China GDP, Global PMIs, Brexit
Financial markets remain volatile in the midst of Brexit negotiations, mounting coronavirus concerns, and US stimulus talks with the November election right around the corner. What's in store for t...
Rand (ZAR) Update: Funding the Recovery Plan, Budget Speech in Focus
The South African Rand (ZAR) weakened to R16.70 to the dollar in the lead up to the economic recovery plan on Thursday. ZAR back near the psychological 16.50 mark
FTSE 100 Technical Outlook – Clear Line of Support Looks Vulnerable
Last week the FTSE bounced off the same level of support for a third time since early September, looking more and more like a breakdown is coming though.
Silver Price (XAGUSD) Rallying Through Short-Term Trend Resistance
Silver is following short-term support higher and is now pushing through trend resistance as the two lines intersect.
US Dollar Short Covering, AUD/USD Bulls Exit – COT Report
USD Short Covering Persists reaffirming case of short term bottom. AUD bulls head for exit.
British Pound (GBP) Latest – Post-Brexit Trade and Covid-19 Vaccine Talks Supporting Sterling
The EU and UK will continue post-Brexit trade talks today in an effort to break the current impasse, helping to underpin the British Pound at the start of the week.
S&P 500 Index to Track Progress on US Stimulus Ahead of Deadline
The benchmark S&P 500 index’s near-term outlook continues to hinge on US fiscal aid talks as House Speaker Pelosi announces a 48-hour deadline to reach an agreement.
Crude Oil Prices Challenge Chart Resistance After Chinese Economic Data
Crude oil prices are testing key chart resistance after the release of Chinese economic data, which pointed to a gradual recovery in world’s second-largest economy.