There was an inordinate amount of volatility in major capital, FX and risk markets this past week owing to critical fundamental events. The FOMC’s steadfast outlook proved the least influential… Read more »
VeChain has a bearish short-term and bullish medium-term trading outlook The four-hour time frame shows that an inverted head and shoulders pattern has formed The daily time frame continues to… Read more »
Topside trend line and 50% retracement on the hourly chart also in play The USDCAD it is trading at a new session high and in the process tests its 100 hour… Read more »
China has been confronted with multiple economic and financial problems this year amidst an ongoing trade war with the United States. Authorities in Beijing have been trying to overcome the… Read more »
Australian Dollar Forecast: Australian Dollar Forecast: AUD/USD, AUD/JPY Test Key Resistance The Australian Dollar has rallied against some of its “safer” counterparts in the US Dollar and Japanese Yen even… Read more »
© Reuters. Repo Fretting Shifts to Treasuries as Market Faces Next Test (Bloomberg) — Flare-ups in the repo market could still cause worries across the global banking system, more than… Read more »
Canadian Dollar Talking Points USD/CAD struggles to hold its ground following the failed attempt to test the October high (1.3348), and the Relative Strength Index (RSI) may offer a bearish… Read more »
The total crypto market cap started an upside correction after tagging $171.8B. Bitcoin price is up close to 10% and it is now trading above the $7,000 resistance. Litecoin (LTC)… Read more »
Current price is down about $500 on the day The price of bitcoin on the Coinbase exchange (7 day work week), is trading down around $500 at $7584.80. The low for the day reached… Read more »
The November low at 0.6769 The AUDUSD is testing the low for the week at 0.6784-857 (just trading below as I type). The pair has been up and down today. … Read more »