• July 20, 2023
  • Market News
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Is Canadian Dollar Getting Ripe for a Bounce? USD/CAD, EUR/CAD, GBP/CAD Price Action

The Canadian dollar looks set to resume its rise against some of its peers, thanks to a still-hawkish Bank of Canada (BoC) and a potential base building in oil prices. What is the outlook for USD/CAD, GBP/CAD, and EUR/CAD?...
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  • July 20, 2023
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EUR/USD Price Forecast: Euro Fading Into Central Bank Week?

The euro looks to be running out of steam despite persistent high inflation ahead of next weeks ECB and FOMC announcements....
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  • July 20, 2023
  • Market News
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Crude Oil Steadies as Markets Assess US Dollar Direction. Will WTI Regain High Ground?

The crude oil price decent pause to start Thursday’s session as markets assess energy demand with China leaving rates unchanged. If the US Dollar resume sliding, can WTI break the range?...
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  • July 20, 2023
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What’s Changed for British Pound After UK CPI? GBP/USD, EUR/GBP, GBP/AUD Price Setups

The British pound looks set to retreat slightly against its peers following evidence that price pressures in the UK are finally moderating from elevated levels. What’s next for GBP/USD, GBP/AUD, and EUR/GBP?...
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  • July 20, 2023
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Australian Dollar Leaps on Hot Jobs Data Ahead of CPI. Where to for AUD/USD?

The Australian Dollar jumped higher after employment data today revealed a re-tightening of the labour market that might put pressure on the RBA at its August meeting....
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  • July 20, 2023
  • Market News
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Asia Day Ahead: Mixed Showing in Asia as Markets Digest NFLX, TSLA Earnings

After-market earnings releases from Netflix and Tesla have brought about a mixed showing in US equity futures this morning....
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  • July 20, 2023
  • Market News
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Tesla and Netflix Report Mixed Earnings, Nasdaq 100 Futures Weaker After Hours

Tesla and Netflix reported mixed earnings on Wednesday, weighing on sentiment and dragging Nasdaq 100 futures after hours...
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  • July 20, 2023
  • Market News
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EUR/USD Stuck Between Confluence Support and Fibonacci Resistance. Now What?

The EUR/USD appears to have entered a consolidation phase after its recent rally, with prices stuck between support and resistance. A move out of the recent range would be needed for short-term directional guidance....
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  • July 20, 2023
  • Market News
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Nasdaq Price Outlook: US Stocks Buoyed Ahead Netflix, Tesla Earnings

The tech-heavy Nasdaq index advances further, buoyed by positive earnings reports from major US banks and progress on inflation...
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  • July 19, 2023
  • Market News
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XAU/USD Price Forecast: Gold Seeks Fundamental Catalyst

Gold prices show minimal movement heading into the US trading session....
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