The USDCAD has rebounded after finding firm support in the 1.3827–1.39499 zone, where multiple recent lows have formed a solid base. The pair has pushed …
Category: Technical Analysis
The ECB cut rates by 25 basis points, as expected, with a unanimous decision. The press conference is set to begin at 8:45 AM ET. …
The ECB will announce its interest decision imminently with expectations of a 25 basis point cut. Meanwhile stocks are starting the US session with the …
Fundamental Overview After a brief consolidation in the first part of the week, gold eventually broke out into a new all-time high and surged by …
US stocks are closing mostly lower but rarely modestly into the close. It could’ve been worse: Dow industrial average fell -699.57 points or -1.73% to …
The tech-heavy NASDAQ index is under heavy pressure today, led by sharp declines in semiconductor stocks. Sentiment has soured following news that Nvidia will take …
The AUDUSD has extended to a new session high, reaching 0.6388—a level that aligns with swing highs from March 18 and April 4. This area …
The Bank of Canada kept rates unchanged. That took the price below the 100 hour moving average of 1.39144, but the low price at 1.3882 …
The USDCHF has been choppy over the past four trading days, bouncing between support and resistance levels since bottoming near 0.8100 last Friday. The pair …
At 9:45 AM ET, the Bank of Canada (BoC) will announce its rate decision (see Adam’s preview here). The outcome is uncertain, with markets split …