CAD/JPY Jumps Ahead of Q3 GDP Growth
It is the third day of trading when the CAD/JPY currency pair continuously marked the bullish candle on the graph. And this might be happening…
Posts Tagged: Technical Analsis
USD/CAD Bounces Off Weekly Lows Ahead of the US Non-Farm Payrolls
The USD/CAD currency pair on Thursday bounced off the current weekly lows to surge above 1.4000 after the release of the latest claims data. The…
WTI Crude Oil Continues to Struggle for Direction After Recovery
The price of WTI Crude Oil has recovered from the negative territory to surge above $17.00 following this week’s massive plunge. Oil prices plunged to…
Gold Prices Face Strong Resistance Just Below $1,740 on a Resilient Dollar
The gold price on Friday failed to extend the current weekly gains to $1,740 as the US dollar continued to show strength amid the coronavirus…
USD/CAD Bulls Target 100-Hour SMA After Rebound
The USD/CAD currency pair on Friday extended the 2-day recovery towards the 100-hour SMA following the latest round of US data. The currency pair bounced…
EUR/CHF Bounces Off Multi-Year Lows to Top 1.0525 After EU PMIs
The EUR/USD currency pair extended session gains towards 0.0530 following Thursday’s rebound. The currency pair continues to trade within a descending channel off a consolidative…
EUR/USD melting down October 06, 2017
EUR/USD goes down as it should. I’ve said in the previous weeks that the price is too overbought to be able to climb much higher…