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USD/CAD Struggles to Test November 2020 High Ahead of Canada CPI

USD/CAD Struggles to Test November 2020 High Ahead of Canada CPI

The update to Canada’s Consumer Price Index (CPI) may keep USD/CAD afloat as inflation is expected to slow for the second month....
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USD/JPY Trades at Support as APAC Markets Look Higher Ahead of Japanese Inflation

USD/JPY Trades at Support as APAC Markets Look Higher Ahead of Japanese Inflation

Asia-Pacific markets look set to open higher after a rosy Wall Street session. Japanese inflation data is on tap as the Bank of Japan decision nears a...
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Crude Oil Price Reverses Ahead of 50-Day SMA to Eye Monthly Low

Crude Oil Price Reverses Ahead of 50-Day SMA to Eye Monthly Low

The price of oil may track the negative slope in the 50-Day SMA ($91.92) as it reverses course ahead of the moving average....
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S&P 500, Nasdaq, Dow Consolidate as FOMC Nears

S&P 500, Nasdaq, Dow Consolidate as FOMC Nears

U.S. equity indices finished in positive territory amid a volatile trading session ahead of the highly anticipated FOMC monetary policy decision on We...
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US Dollar Price Action Setups: EUR/USD, GBP/USD, USD/CAD, USD/JPY

US Dollar Price Action Setups: EUR/USD, GBP/USD, USD/CAD, USD/JPY

The US Dollar put in a strong jump after last week’s CPI report and the Fed is full speed ahead on rate hikes. The USD response will probably be hig...
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How to Become a Day Trader: Lyss TJ Roberts’ Story

How to Become a Day Trader: Lyss TJ Roberts’ Story

Lyss Tj Roberts started trading in 2012 and quit a year later when all of the small cap stocks she had invested in went bankrupt....
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S&P 500 Fails at Key Hurdle as Traders Eye FOMC

S&P 500 Fails at Key Hurdle as Traders Eye FOMC

Equities staged a strong rally off premarket lows only to fail at key resistance. FOMC comes into focus....
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Gold Price Forecast: Gold Threatens Larger Break After Test of 2-Year Lows

Gold Price Forecast: Gold Threatens Larger Break After Test of 2-Year Lows

Gold hit a fresh two year low last week and sellers may done yet. The Fed waits in the wings as gold prices work on their sixth consecutive month of l...
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