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Markets
NZDUSD testing old support, will it act as resistance?
Market Brief The forex market is nearly evenly split, with the commodity and Risk-On pairs trading more in the green....
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USDCAD Technical Analysis – Negative divergence watch
The US dollar has reversed sharply from the 1.2950 level against the Canadian dollar as traders start to factor in...
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Gold Technical Analysis – Looking for more gains this week
Gold has started to trade back above the $1,800 resistance level as the yellow metal enjoys strong buying demand over...
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Weak US PMI print increases the notion that QE taper is off the table
Market Wrap The US PMI manufacturing reading came in weaker than expected this afternoon, which caused traders to further disbelieve...
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EURUSD Technical Analysis – Bears target 1.1600 as breakout is almost confirmed
This week could be another pivotal for the EURUSD, after the pair staged a decisive weekly close under the 1.1700...
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US Dollar Index Technical Analysis – Sentiment and invalidated pattern warning
The US dollar index staged a huge breakout last week after the FOMC meeting minutes laid the path for a...
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Virtual taper news sends the greenback lower
Morning Brief Market sentiment looks to be improving at the start of the new trading week after news broke over...
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US dollar hits 9-month highs ahead of key Jackson Hole Fed event
The US dollar put in a solid performance this week, with the Dollar Index (DXY), a trade weighted basket of...
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Kaplan comments give US stocks a boost
Market Wrap Market sentiment improved during the US trading session after Federal Reserve member Rober Kaplan said during an interview...
Read moreUSDCAD testing key resistance area, what next?
USDCAD has surged this week in tandem with a broad sell off in risk assets and is now approaching the...
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