Canadian Dollar Talking Points USD/CAD appears to reversing course following the failed attempt to test the June low (1.3315) as the Relative Strength Index (RSI) breaks out of the downward… Read more »
EUR/USD Rate Talking Points EUR/USD clears the September 2018 high (1.1815) following the Federal Reserve interest rate decision, and the extreme reading in the Relative Strength Index (RSI) warns of… Read more »
New Zealand Dollar Talking Points NZD/USD tags a fresh monthly high (0.6703) going into the end of July as the crowding behavior in the US Dollar persist, but the Relative… Read more »
Oil Price Talking Points The price of oil may stay afloat going into the end of July as it clears the June high ($41.63), while the Relative Strength Index (RSI)… Read more »
EUR/GBP is trading within critical structural areas throughout the time frames. The price is trading with an immediate bearish bias while longer-term setups apply on hold of structure. Bears look… Read more »
Euro Talking Points The technical outlook for EUR/USD brings the 2020 high (1.1495) on the radar as a bull flag formation unfolds, with the continuation pattern materializing as the Relative… Read more »
Gold Price Talking Points The price of gold continues to track a narrow range after trading to a fresh 2020 high ($1818) earlier this month, but recent developments in the… Read more »
Gold Price Talking Points The price of gold trades near the 2020 high ($1818) despite the ongoing contraction in the Federal Reserve’s balance sheet, and the Relative Strength Index (RSI)… Read more »
Australian Dollar Talking Points The Australian Dollar continued to outperform its US counterpart in June as AUD/USD climbed to a fresh yearly high (0.7064), but it remains to be seen… Read more »
Canadian Dollar Talking Points USD/CAD snaps the range bound price action from the previous week even though Bank of Canada (BoC) Governor Tiff Macklem rules out a V-shape recovery, and… Read more »