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Forex
USD/CAD eyes breakout as price tests 50-day EMA, momentum builds above 1.3950
USD/CAD trades near 1.3975, approaching the 50-day EMA at 1.4030.Daily RSI holds above 52, price structure points to potential breakout.4-hour chart shows…
Gold breaks $3200 as Chinese ETF inflows stall – TDS
Gold fell below $3200/oz as a pause in Chinese ETF flows and geopolitical optimism triggered a pullback—but underlying support from central banks and…
Health Care (XLV) was already ugly
Solid continuation butTuesday turned out to be another solid day for the Tech-leaning sectors and the NASDAQ 100 index. Yesterday I showed a list of the 11…
US Dollar sees Asian currency turmoil losses starting to pare back
The US Dollar down for a second consecutive day, after softer-than-expected US inflation data. The Korean Won strengthens over the Greenback after the…
USD/CAD steady below 1.3950 as soft US inflation weighs on the US Dollar
USD/CAD trades flat near 1.3950, holding below the 200-day EMA.DXY eases to 100.15 as softer US CPI data fuels rate cut speculation.Canada pushes to eliminate…
EUR/USD recovers further as soft US inflation data weakens US Dollar
EUR/USD recovers further to near 1.1250 as the US Dollar suffers after the release of the soft US inflation data for April.US President Trump criticized Fed…
Oil: Iranian sanctions – ING
ICE Brent rallied by almost 2.6% yesterday, reaching its highest since late April. A weaker USD following a cooler-than-expected US consumer price index (CPI)…
US Dollar Index Price Forecast: Tests 100.50 support, with nine-day EMA providing backing
The US Dollar Index could retest the 50-day EMA near the 101.78 level.Technical analysis indicates a continued bullish bias, as the index remains within an…
WTI Price Forecast: Bulls have the upper hand while above $62.00/200-period SMA on H4
WTI drifts lower on Wednesday and snaps a four-day winning streak to over a two-week high.The technical setup favors bulls and supports prospects for the…
NZD/USD Price Forecast: Rises to near 0.5950 after breaking above nine-day EMA
NZD/USD could target the rectangle’s upper boundary around 0.6020, followed by the six-month high of 0.6038.The 14-day RSI has climbed above the 50 level,…