Bitcoin Finds Support Around $9,100 to Halt Weekly Losses
Bitcoin appears to have run out of steam after a 3-month rally propelled it to retest yearly highs of about $10,522 last month. The price…
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US Dollar Index Gains Amid Positive US Non-Farm Payrolls
The dollar index on Thursday bounced off the trendline support at 96.84 to surge above 97.40 before easing late on to settle at 97.15. With…
USD/CAD Pulls Back Towards 1.3540 After US Non-Farm Payrolls
The USD/CAD currency pair on Friday failed to bounce back following Thursday’s plunge. This came despite positive US non-farm payrolls. The currency pair has pulled…
Gold Price Finds Support at 100-Hour SMA after Mid-Week Plunge
The gold price on Friday continued to trade just above the 10-hour SMA after plunging earlier in the week off multi-year highs of about $1,790….
WTI Crude Oil Bounces Off 100-Hour SMA to Retest Session Highs
The WTI Crude Oil on Friday bounced off the 100-hour SMA to rally towards the session highs of $40.35 after spending most of the day…
US Dollar Index Rejects a Retest of Weekly Highs After GDP Data
The US Dollar Index on Friday pulled back to reject a retest of the current weekly highs following Thursday’s US GDP data for Q1. The…
USD/CAD Targets a Retest of Monthly Highs After US Spending Data
The USD/CAD currency pair on Friday rallied to a new weekly high of about 1.3740 before pulling back late on to settle at around 1.3686…
Gold Continues to Struggle Around $1,770 After Positive US Data
The gold price on Friday continued to trade around $1,770 level slightly off weekly highs of $1,778 after a round of positive US spending data….