USD/CAD Slips Back Below 50-Day SMA as BoC Slows Pace of QE Program
Failure to hold above the 50-Day SMA (1.2576) may push USD/CAD towards the March low (1.2365) as the BoC slows the pace of its quantitative easing (QE) program.
Breaking: ECB Announcement Unchanged, EUR/USD Muted
Euro and Bund yields muted following ECB copy and paste.
Bitcoin (BTC/USD) Slide Resumes, Ethereum (ETH/USD) Continues to Outperform
Bitcoin (BTC/USD) is slipping lower again and is nearing the sell-off low made over the weekend. Ethereum remains positive and pushing higher.
Euro Latest: EUR/USD, EUR/GBP Price Action Set-Up for ECB
EUR/USD finding support at 1.20, EUR/GBP recovering from last week’s reversal
Silver Price Forecast: XAG/USD Breakout Stalls at Key Resistance
Safe-haven demand picks up as new Covid-19 infections get out of hand in some countries
Silver Price Forecast: XAG/USD Breakout Stalls at Key Resistance
Safe-haven demand picks up as new Covid-19 infections get out of hand in some countries
British Pound (GBP) Outlook: Failing to Benefit From Global 'Risk On' Sentiment
GBP/USD still seems unable to break through the important 1.40 level on a sustained basis even though a rebound in global equities suggests that investors are generally confident.
Crude Oil Prices Supressed by Rising Stockpiles and Demand Concerns
Crude oil prices extended lower after registering a two-day loss of 3.8% amid viral resurgence and rising inventories. The OPEC+ is expected to maintain production policy unchanged in a meeting nex...
Gold Prices Extend Higher as Yields Fall, ECB Meeting in Focus
Gold prices edged upward to an eight-week high as Treasury yields fell alongside the US Dollar. Gold traders are eyeing the ECB meeting later today for clues about the central bank’s monetary polic...
Euro Technical Analysis: EUR/USD, EUR/AUD, EUR/NZD, EUR/JPY Chart Setups
The Euro offers potentially actionable trade setups against various pairs including EUR/USD, EUR/AUD, EUR/NZD and EUR/JPY.