The Canadian dollar struggles over lacklustre August export data. A bearish RSI divergence showed a slowdown in the upward momentum while a double top at 1.3830 further suggested exhaustion in the current rally. The pair is prone to a correction after it fell below 1.3600. The uptrend remains intact but the recent parabolic rise could […]
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Key Highlights EUR/USD started a fresh decline from the 1.1260 resistance. A key bearish trend line is forming with resistance at 1.1225 on the 4-hour chart. GBP/USD is consolidating below the 1.3350 resistance zone. Gold Read more…
Key Highlights USD/JPY started a downside correction and traded below 147.20. A connecting bullish trend line is forming with support at 144.50 on the 4-hour chart. EUR/USD could aim for a recovery if it clears Read more…
S&P 500: ⬆️ Buy S&P 500 broke the resistance level 5900.00 Likely to rise to resistance level 6100.00 S&P 500 index recently broke the resistance level 5900.00, the former support from January and February. The Read more…