The USDCAD is trading lower on the day, down -0.42%, and has fallen below key technical levels on both the daily and 4-hour charts. On …
Category: Technical Analysis
Gold is climbing and nearing the $3400 mark. With last week’s high reaching $3403.44 that target is being approached. The current price is trading at …
The USD is lower after the lower PPI data and the higher initial and continuing claims. The weakness in the jobs is a shift from …
The EURUSD is racing to new highs as markets react to US policy, and perhaps some recognition that the ECB has done its easing while …
Fundamental Overview Gold remains mostly rangebound but with a bullish tilt given that in the bigger picture real yields will likely continue to fall amid …
The NZDUSD continues to trade in a choppy range, and the recent move above the old ceiling between 0.60183 and 0.60284 is showing signs of …
The US yields are moving lower with a 10-year yield now down just under 6 basis points after the successful auction at 1 PM ET. …
The USDJPY rallied ahead of the US CPI release but stalled after reaching the 50% retracement of the decline from the May high. Once the …
The NZDUSD moved higher following the weaker-than-expected US CPI report, which triggered broad USD weakness and lifted the pair toward the highs for the week. …
The EURUSD is trading higher after a softer-than-expected US CPI report triggered a broad USD selloff. The weaker inflation data reinforced market expectations for rate …