USDCAD Outlook: Loonie Falls on Weak Canadian Data, Strong Greenback and Oil Price Fall
The USDCAD pair rose to new five-week high at 1.3119 on Friday, on nearly 100-pip jump after disappointing...
Week Ahead- ECB Decision, US GDP and Davos In Desert
Markets will keep an eye on the development of Italy’s budget. China grew slower than expected. The Philly...
EUR/JPY: Italian Concerns Continue To Weigh On Sentiment
European stock markets continued to struggle first thing this morning – despite a sharp rebound for Chinese markets...
US 500 Index Finds Support At Trendline, Outlook Still Cautiously Positive
The US 500 index posted considerable losses in early October, falling below its 50- and 200-day simple moving...
USD/CAD Analysis: Awaits Data Releases
Upside risks dominated the US Dollar against the Canadian Dollar on Thursday. The currency pair tested the swing...
XAUUSD Analysis: Will Break Monthly R2
The gold price appreciated 0.43% since Thursday’s session. During the previous trading session, the yellow metal broke the...
NZD/USD Analysis: Bullish Sentiment Today
The New Zealand Dollar depreciated about 53 base points against the US Dollar on Thursday. The exchange rate...
EUR/JPY Analysis: Tests Resistance Cluster
Downside momentum dominated the EUR/JPY currency pair on Thursday. The single European currency ended yesterday’s session with about...
AUD/USD Analysis: Ascending Channel To Prevail
The Australian Dollar has continued to trade in an ascending channel against the US Dollar. The currency pair...
USDJPY Analysis: Breaks Resistances
The US Dollar depreciated 0.08% against the Japanese Yen since Thursday’s session. During the previous trading session, the...
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