USD/CAD Bears Could Prevail
The US Dollar traded sideways against the Canadian Dollar on Thursday. The USD/CAD currency pair made about 35...
GBP/JPY Breakout Occurs
The British Pound has declined by 85 pips or 0.56% against the Japanese Yen since yesterday’s trading session....
AUD/USD Decline To Continue
The Australian Dollar declined by 55 pips or 0.72% against the US Dollar on Thursday. The decline was...
BTCUSD Watching Bollinger Bands
Bitcoin remains under pressure on Friday, following bearish news surrounding a potential Bitcoin ETF and Facebook failing to...
Q1 GDP Surges, But that’s Old news. Where to Now?
The US Advanced GDP for Q1 was 6.4% vs 6.1% expected and 4.3% in Q4 2020. Last year...
EURJPY Surges to 31-Month High; Indicators Look Overbought
EURJPY has been creating a sharp bullish rally over the last six consecutive four-hour sessions, climbing towards the 31-month high...
Market Morning Briefing: Euro Rose Sharply Above 1.21 As The Dollar Weakened After The FED Policy Statement
STOCKS Equities continue to trade mixed. Dow seems to be turning around gradually. The level of 33500 is...
What to Watch Post-FOMC
Traders will be watching for tweaks in the statement and ANY hints regarding timing of the tapering As...
USDJPY Regains Footing And Tussles 109.00 Handle
USDJPY is struggling to overcome the 109.00 hurdle, where the mid-Bollinger band also resides, after recovering some lost...
Elliott Wave View: Copper Should Remain Supported
Short term Elliott wave view in Copper (HG) suggests the rally from April 1, 2021 low is unfolding...
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