Technical Analysis USDCAD moved up to test the highs for the year The USDCAD has erased the declines from this week after the break to new 2024 highs on Friday failed. The low price yesterday and into …
Central Banks Lagarde wants bigger banks Posted onNovember 6, 2024 Lagarde in Frankfurt: Celebrating 10 years of Single Supervisory Mechanism (SSM) Bank capital ratios improved significantly: CET1 up from 12.7% (2015) to 15.8% (mid-2024) Euro …
Technical Analysis Technical levels following the Trump victory/the GOP run Posted onNovember 6, 2024 Pres. Trump blazed through the Presidential election and a new era begins. With control of the Senate and the House still up but leaning to …
Technical Analysis Gold Technical Analysis – Is this the beginning of a bigger pullback? Posted onNovember 6, 2024 Fundamental Overview Gold is trading lower today as Trump got elected President of the US. The Republicans won the Senate, and they just need the …
Technical Analysis USDJPY Technical Analysis – Trump is 47th President of the US Posted onNovember 6, 2024 Fundamental Overview The US Dollar is higher across the board today as Trump got elected President of the US. The Republicans won the Senate, and …
Technical Analysis GBPUSD moves down to test 50% and swing area down to 1.28449 Posted onNovember 6, 2024 The GBPUSD has moved down to test the 50% and a swing area between 1.2844 and 1.28719. The midpoint level is at 1.2866. The low …
Central Banks China state banks seen selling USD/CNY – intervention to slow yuan drop Posted onNovember 6, 2024 Major Chinese state banks selling USD/CNY trying to contain the yuan losses. Good luck with that. The USD is being driven by election results. This …
Technical Analysis EURUSD moves down to test the lows from the last two weeks Posted onNovember 6, 2024 The EURUSD has moved to new lows and is testing the lows from the last two weeks. That area comes between 1.07605 and 1.07767. A …
Technical Analysis USDCAD moves up to hourly MAs Posted onNovember 6, 2024 The USDCAD moved down to test the target support at the end of the trading day yesterday at 1.3813. The low price reached 1.3817 and …
Central Banks PBOC sets USD/ CNY mid-point today at 7.0993 (vs. estimate at 7.1011) Posted onNovember 6, 2024 The People’s Bank of China set the onshore yuan (CNY) reference rate for the trading session ahead. USD/CNY is the onshore yuan. Its permitted to …
Cryptocurrency Bitcoin is running higher Posted onNovember 6, 2024 The price of Bitcoin is running higher on the early Trump enthusiasm and in the process is moving toward the November 1 high. That level …