Subscribe To
Usd/cad daily outlook
Daily Pivots: (S1) 1.3377; (P) 1.3415; (R1) 1.3439; More…. Intraday bias in USD/CAD stays neutral as range trading continues. Price actions from 1.3...
Daily forex news and watchlist: aud/cad
Can AUD/CAD sustain its post-RBA rate hike momentum even when the BOC makes its policy announcement?......
Zulutrade facilitates strategy developers in opening new wealth avenues
Strategy Developers can enjoy a smoother user experience with ZuluTrade’s reinforced social trading infrastructure. Thanks to its versatile interfac...
Elliott wave update of eurusd – june 7th, 2023
EURUSD is down again this week, despite broad expectations that the Fed would abstain from pulling the trigger at its next meeting. How much further c...
Bank of canada preview: four analysts’ predictions and cad dollar forecasts
Ahead of today’s key BoC monetary policy decision, analysts at ING Bank forecast the Canadian dollar (CAD) to withstand potential short-term negativ...
Bitcoin and ethereum rally despite sec’s attack on exchanges
Bitcoin and Ethereum both showed signs of life despite two of the largest crypto exchanges, Binance and Coinbase, being charged by the SEC over the �...
Bitcoin unfazed by sec suing coinbase and binance
The SEC is suing Coinbase and Binance, in yet another scandal in the crypto industry. Bitcoin price remains unfazed. A bullish breakout might be trigg...
Major currencies in a rather subdued mood so far today
As mentioned earlier, it is arguably going to be a slow and arduous wait until we get to next week's main events - the first being the US CPI and then...
Fx play of the day: can nzd/cad break out during the boc decision?
With the BOC likely to announce a “hawkish hold” and the RBNZ approaching the end of its hiking cycle, is NZD/CAD in for a breakdown soon?......
Copper technical analysis
Since the China reopening rumours/news back in November 2022, Copper has been rallying strongly as the market expected more demand for the metal consi...
Trading the financial markets: unveiling the power of forex and direct market access
In today's fast-paced world, financial markets offer a plethora of opportunities for individuals and institutions alike to participate and potentially...
Jasper’s market squawk 07-06-2023
Markets Crawl Higher As US Regional Banks Improve Led by the small-cap index, equity indices drifted higher as investors put the regional bank crisis ...
Weak global trade weighs on chinese exports, australian growth slows, oil slips further
European indices and US futures look a little flat following a mixed session in Asia overnight, as Chinese trade data failed to inspire while Australi...
Nzd/usd drops to fresh daily low, closer to mid-0.6000s as usd attracts haven flows
The NZD/USD pair struggles to capitalize on its modest gains registered over the past two days and comes under some selling pressure on Wednesday. The...
Perth mint’s may gold sales slip to 3-month low; silver down m/m
Perth Mint’s gold product sales in May fell about 3% from the previous month to their lowest since February, while those of silver also declined, th...
Eur/usd outlook: euro breakout immanent, ecb officials in focus
EUR/USD fades as economic data and risk sentiment dwindles. ECB speakers will likely look to maintain the hawkish rhetoric today......
Eur/chf and usd/chf weekly chart outlook
EUR/CHF is struggling to clear the 0.9960 resistance zone. USD/CHF could gain pace if it clears the 0.9290 resistance zone. Important Takeaways for EU...
Oil slips further, gold treading water
Oil remains under pressure after Saudi cut Oil prices are falling again today as Saudi Arabia’s attempt to dress up a unilateral move as a group cut...
Robinhood reviews crypto offering amid sec's recent crackdown
Robinhood Markets (Nasdaq: HOOD) is cautious after the US securities regulator's lawsuit against Binance and Coinbase, as it is looking into its crypt...
Weak global trade weighs on chinese exports, australian growth slows, oil slips further
European indices and US futures look a little flat following a mixed session in Asia overnight, as Chinese trade data failed to inspire while Australi...
Markets enter standby mode
Asian stocks crawled higher on Wednesday, following the positive cues from Wall Street overnight after the S&P500 closed at its highest level in 2023....
Gold price forecast: xau/usd drops sharply below $1,960 as usd index extends recovery
Gold price (XAU/USD) has displayed a sharp drop to near $1,960.00 in the European session. The precious metal is trying to come out of the woods. A mi...
Eur/usd analysis: downtrend continuation below 1.0736 weekly resistance [video]
Watch today’s EURUSD Forex Analysis – Downtrend Continuation Below 1.0736 Weekly Resistance. Hi Traders, watching price levels on the EURUSD daily...
Bitcoin (btcusd) short term 5 swing bearish sequence favors lower
Bitcoin (BTCUSD) decline from 4.14.2023 high shows a 5 swing sequence suggesting further downside can’t be ruled out. A 5 swing sequence typically i...
Eur struggles for support
EUR/USD breaks lower The Euro struggled after retail sales across the bloc remained flat in April. The pair has given up most of the gains from its mi...
Eth staking stats rebound despite sec activity to bring $1,950 into play
After the Tuesday rebound, ETH struggled for direction this morning. However, staking statistics and US lawmaker chatter will draw interest. The post ...
Weak chinese trade data add to growth worries
Markets German Bunds outperformed US Treasuries during European trading hours following an unexpectedly strong decrease of inflation expectations in t...
Lira opens its eyes in a dark post-coma room
The SEC sued Coinbase, a day after it sued Binance for allegedly breaking US security rules. A 101-page complaint revealed how Coinbase allowed its us...
Focus on geopolitics
Market movers today Geopolitical events are stealing the spotlight during an otherwise uneventful week. Ukraine’s counter offensive seems to have fi...
Gold bounces back, but for how long?
The price of gold remains consolidated after declining slightly during the NFP release. With the greenback also ranging, is the market acting a bit fl...
Rba hike good news for australian dollar outlook vs cad and nzd dollars: credit agricole
Credit Agricole’s G10 FX Strategy team expects the Australian Dollar (AUD) to gain strength, particularly against the Canadian Dollar (CAD) and the ...
Reduced appetite from central banks to bring gold demand down in 2023 – metals focus
Demand for gold will drop 9% to 4 375 metric tons this year with central banks’ appetite falling from last year’s all-time high, consultancy Metal...
Technical outlook and review
DXY: The DXY (Dollar Index) chart currently shows bearish momentum as the price is below a major descending trend line. This suggests a potential cont...
Argo blockchain notes 16% uptick in bitcoin production in may 2023
Argo Blockchain plc, a major player in the global cryptocurrency mining sector, has provided an operational update for May 2023, showing a rising numb...
Eur/chf and usd/chf weekly chart outlook
EUR/CHF is struggling to clear the 0.9960 resistance zone. USD/CHF could gain pace if it clears the 0.9290 resistance zone......