Strong Canadian Data Keeping Weight on the USD/CAD
Strong Canadian Data Keeping Weight on the USD/CAD
This week USD/CAD made a key break below the 1.2360, multi-month consolidation support. As we can see in the daily chart, this breakout essentially ...
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USD/JPY Finds Support after US CPI Data
USD/JPY Finds Support after US CPI Data
The USD/JPY has been bearish this week as we can see in the 1H chart. It fell from a high on the week around 119.75 down to about 118.80 before ... Continue reading
GBP/USD Approaches Trendline Resistance; UK Data Mixed
GBP/USD Approaches Trendline Resistance; UK Data Mixed
The GBP/USD continues to rally this week, after starting it with a low on the year at 1.4564. Since then, it has not looked back. The 4H chart shows ... Continue reading
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Technical Outlook

The EUR/GBP recently completed a double top, or at least broke below a consolidation range. Either way you look at it, it is showing signs of bearish continuation. Let's look at the price action since the breakout. https://youtu.be/...
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Stock Picks

US stocks opened slightly higher after three straight sessions of gains with the corporate earnings period set to kick into high gear with a flurry of earnings reports expected this week. The Dow Jones Industrial Average advance...
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Technical Analysis

This week USD/CAD made a key break below the 1.2360, multi-month consolidation support. As we can see in the daily chart, this breakout essentially put in a price top, and suggests a period of bearish correction if not a longer period ...
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Bitcoin News

Prague is going to hold the ‘Bitcoin Conference’ on 14th May which is expected to attract Bitcoin enthusiasts from around the world, particularly from the Europe. The organizers claim, “In the heart of Europe, in the city with ...
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