USD/CAD stayed in consolidations last week and outlook is unchanged. Initial bias remains neutral this week, and further rally is expected as long as 1.3930 support holds. Break of 1.4078 will resume the rise from Read more…
GBP/JPY’s rebound last week suggests that pullback from 205.30 has completed at 200.67 already. Initial bias stays mildly on the upside for retesting 205.30 first. Firm break there will resume larger rise to 61.8% projection Read more…
With the city of Barcelona continuing to bring in some of the highest visitor numbers in Europe, many who come to the city known for its Art Nouveau architecture and Catalan culture are increasingly also Read more…
EUR/JPY’s extended rebound last week suggests that pullback from 177.91 has completed at 174.80 already. Initial bias stays on the upside this week. Firm break of 177.91 will confirm larger up trend resumption, and target Read more…
EUR/GBP’s strong rally last week argues that pullback from 0.8750 might have completed, after drawing support from 55 D EMA (now at 0.8672). Initial focus is now on 0.8750 resistance this week. Firm break there Read more…
EUR/AUD’s pullback was a little deeper than expected last week, but it nonetheless recovered after hitting 1.7798. Initial bias remains neutral first. On the upside, break of 1.7965 minor resistance will bring retest of 1.8160. Read more…
Fed to highlight busy week for central bank decisions BoC expected to cut too, ECB and BoJ to likely stand pat Eurozone GDP and Australian CPI to also be important US government shutdown to delay Read more…
Week in review A rollercoaster week draws to a close for Global Markets. US-China trade talks were driving volatility and the mixed messages from both parties kept things interesting. Markets also saw harsher sanctions on Read more…
When I’m shopping at Costco, I tend to want to get in and out of the store as quickly as possible. That’s because I have very little patience for large crowds, which Costco tends to Read more…
Canadian Highlights Headline inflation came in stronger than expected, but core measures remained stable, supporting the case for another interest rate cut next week. Long-term inflation expectations edged higher, but firms’ pricing power remained limited. Read more…