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USD/CAD Rebound from 50-Day SMA to Clear September Opening Range

USD/CAD Rebound from 50-Day SMA to Clear September Opening Range

USD/CAD may push towards the November 2020 high (1.3371) as the exchange rate clears the opening range for September....
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Chinese Yuan Eyes Economic Data as USD/CNH Rises Above Key Level

Chinese Yuan Eyes Economic Data as USD/CNH Rises Above Key Level

The Chinese Yuan slipped below the critical 7 level versus the US Dollar, and USD/CNH looks ready for more upside. Chinese economic data is in focus a...
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USD/JPY Forecast: Failure to Clear Monthly High Keeps Range Intact

USD/JPY Forecast: Failure to Clear Monthly High Keeps Range Intact

USD/JPY may consolidate ahead of the Federal Reserve meeting amid the failed attempt clear the monthly high (144.99)....
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S&P 500, Nasdaq, Dow Drive into Support as Recession Fears Linger

S&P 500, Nasdaq, Dow Drive into Support as Recession Fears Linger

U.S. indices fell as prices pushed into key supports in the Dow, S&P and Nasdaq, with focus shifting towards next week’s FOMC rate decision....
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Euro Forecast: EUR/USD Struggling, but EUR/GBP & EUR/JPY Retain Bullish Potential

Euro Forecast: EUR/USD Struggling, but EUR/GBP & EUR/JPY Retain Bullish Potential

The major EUR-crosses tell different stories....
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DAX Trapped in-between Two Significant Key Levels

DAX Trapped in-between Two Significant Key Levels

Ever since March 7th lows at 12441, DAX has been trading sideways as eventually coils into a long-term triangle....
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Nasdaq and Bitcoin: Grinding Support as USD, FOMC Drive the Waves

Nasdaq and Bitcoin: Grinding Support as USD, FOMC Drive the Waves

Both Bitcoin and the Nasdaq are at key supports and both markets have been smashed this year after topping in November. And those trends may not be fi...
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US Dollar Wavers but FOMC May Provide Support. Will USD Breakout Soon?

US Dollar Wavers but FOMC May Provide Support. Will USD Breakout Soon?

The US dollar, as measured by the DXY index, lacks a clear direction, moving between small gains and losses as traders weigh the Fed’s rate path...
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