Interesting Technical Setup in USD/CAD
Interesting technical setup in the USDCAD The US Dollar was bullish against most of its major pairs on Friday with the exception of the NZD, AUD and CAD. On the economic data front, the University of Michigan’s Consumer Sentiment Index...
KKR co-CEO Henry Kravis says 80% of the companies it controls have at least two directors with diverse backgrounds
Private equity firm KKR’s co-chief executive officer and co-founder, Henry Kravis, said 80% of companies that it controls now have at least two board directors with diverse backgrounds. The firm set out to reach that threshold a few years ago and accomplished...
The Fed’s economic forecasts are all over the map, a sign of how uncertain these times are
A trader at the New York Stock Exchange (NYSE) at Wall Street in New York City. JOHANNES EISELE | AFP via Getty Images The Federal Reserve’s economic outlook isn’t so much pessimistic as it is uncertain, with expectations running a...
Week Ahead – BoE and Brexit Could Create Perfect Storm for Pound; BoJ and SNB Meet Too
An upcoming summit of EU leaders could decide the fate of the European recovery fund and the direction of Brexit talks, setting up possible stumbling blocks for the euro’s and pound’s rebounds. The pound will also be keeping an eye...
GBP/USD in for a Bearish Ride – Elliott Wave Analysis
GBPUSD is looking lower, after a completed five-wave recovery within a higher degree wave C, which seems to have found a top at the 1.281 level. We see a sharp reversal lower, which can be first sign of a bearish...
NZDUSD’s Positive Picture Tackles Negative Tensions
NZDUSD is currently restricted by the 50-period simple moving average (SMA) residing at the level of the inside swing low of 0.6468. The pair is dealing with selling pressures, which appear to be strengthening, something also reflected in the Ichimoku...
U.S. import prices post largest gain in more than a year
A tug boat passes the the CSCL Bohai Sea cargo ship docked at the Port of Oakland in Oakland, California. David Paul Morris | Bloomberg | Getty Images U.S. import prices increased by the most in more than a year...
Yen and Franc Digest Gains and Risk Markets Recovery Mildly
Risk markets recover mildly today after yesterday’s sharp decline. DOW future is currently up over 500 pts ahead of open, but well short of yesterday’s -1800pts decline. Yen and Swiss Franc turn softer today, followed by Dollar, while commodity currencies...
US Futures Bounce, Watch ADBE, TSLA, GM, PVH, LULU
The S&P 500 Futures are posting a rebound after they suffered the worst sell-off since March 16, as investors were concerned about resurgence in coronavirus infections and discouraged by the Federal Reserve’s warning of a slower economic recovery. Later today,...
GBPUSD Tries To Overcome 1.2640 Roof, Still Bullish
GBPUSD is trading around the vicinity of 1.2640, that being the 23.6% Fibonacci retracement of the upward wave from 1.2075 to 1.2815 and where the red Tenkan-sen line currently lies. The price is eating a portion of its last sessions’...
Signal2forex.com - Best Forex robots and signals




