Daily Pivots: (S1) 1.3779; (P) 1.3805; (R1) 1.3834; More… Intraday bias in USD/CAD is turned neutral with 4H MACD crossed below signal line. While another rise might be seen, strong resistance could emerge from 1.3897 to limit upside on first attempt. On the downside, break of 1.3745 will turn bias to the downside to extend […]
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Key insights from the week that was. Among the plethora of major central bank decisions this week, the RBA stood out from the pack, delivering a 25bp rate hike which took the cash rate to Read more…
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The US Dollar rallied consequently since the beginning of the US-Iran conflict, supported by the rise in Oil prices Now reaching the top of its long-term range, a major reversal could be coming Post-FOMC Dollar Read more…