WTI Tests Biden’s Price Range for SPR Refills after Yesterday’s Fresh Yearly Low
WTI Crude Oil (CL1!) News and Analysis WTI prices test Biden’s SPR price range target EIA data reveals greater draw of crude stocks last week WTI crude oil technical considerations…
USD/CAD Eyeing Upside Breakout Following Dovish BoC Rate Hike
Key Points: Advertising Recommended by Zain Vawda Get Your Free USD Forecast MOST READ: Canadian Dollar Forecast: USD/CAD Looks Poised for Further Upside, BoC Rate Decision Holds the Key USD/CAD FUNDAMENTAL OUTLOOK…
Aussie Steady but Key 0.67 Level at Risk
AUD/USD ANALYSIS & TALKING POINTS USD poised to strengthen as FOMC looms, leaving AUD vulnerable. Positivity around China has not borne fruit for AUD as COVID cases rise. Rising wedge…
Japanese Yen Struggles Against a US Dollar Finding Firmer Footing. Higher USD/JPY?
Japanese Yen, USD/JPY, US Dollar, USD/CAD, AUD/USD, Crude Oil, Gold – Talking Points The Japanese Yen trickled lower after the US Dollar resumed strengthening Central banks continue to tighten despite…
Euro Bumped up by US Dollar Weakness and a GDP Beat. Where to for EUR/USD?
Euro Bumped up by US Dollar Weakness and a GDP Beat. Where to for EUR/USD? The Euro has steadied against the US Dollar on Thursday as the market ponders the…
Gold Builds Range But Fed Rate Decision and Recession Risk Adding Pressure
Gold, Fed Funds Forecasts and Recession Talking Points: The Market Perspective: Gold Bearish Below 1,780 Gold has put in for a second, abrupt reversal in just a week’s time –…
Canadian Dollar Price Action Setups: USD/CAD, CAD/JPY, EUR/CAD
Canadian Dollar Talking Points: Recommended by James Stanley Advertising Get Your Free Top Trading Opportunities Forecast Canadian Dollar weakness has been a building theme over the past month. The US…
Bank of Canada Hikes by 50 bps and Signals Potential end to Rate Hikes
BoC Hikes by 50 bps in Potentially its Final Hike The Bank of Canada’s Governing Council voted to raise the overnight rate by 50 basis points to 4.25%, where the…
German Equities Weighed Down by Bleak Outlook
German Dax Technical Forecast: Dax 40 ends its nine-week rally as recession risks weigh on sentiment Global equities sink after China’s balance of trade contributes to grim outlook Recommended by…
Major Forex Trading Sessions from Around the World
There are three major forex trading sessions which comprise the 24-hour market: the London session, the US session and the Asian session. Each major geographic market center can exhibit vastly unique…