Daily Pivots: (S1) 1.2698; (P) 1.2741; (R1) 1.2764; More… The break of 1.2712 support indicates rejection by 1.3022 key fibonacci resistance. Intraday bias in USD/CAD is back on the downside for 1.2401 support next. On the upside, though, above 1.2884 minor resistance will revive near term bullishness and turn bias back to the upside for […]
The post USD/CAD Daily Outlook appeared first on Action Forex.
WTI oil price jumped over $2 on Monday following success of US-China trade talks over the weekend that eased tensions and signaled that world’s two largest oil consumers are on the way to resolve their Read more…
US-China trade talks over the weekend developed more positively than both we and consensus expected. Below we give a short overview of what happened and the implications in US and China, respectively. What it means Read more…
The price of a troy ounce of gold fell to 3,273 USD on Monday, losing about 1% compared to the previous session’s level. Key factors driving gold’s movement The primary reason for the decline is Read more…