Canadian Dollar (CAD)

EURGBP (The Pound sterling/ Euro) edges lower The Pound sterling clawed back some losses as prices moved away from the recent peak at 0.8370. A surge below 0.8300 indicated that sellers had made their way back. As the buy side is forced…
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US 30 breaks critical resistance The Dow soared to another peak, achieving record highs as the US economy remained hopeful of a soft landing. By breaking above last month’s ceiling of 44000, the index has more than recouped the losses…
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XAGUSD holding onto gains Silver bounced back as the metal market saw a revival, as prices bounced off the recent bottom at 30.00. The latest move came to a halt at the daily resistance of 31.50, as the metal now looks to consolidate…
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USOIL (Crude WTI) tests support Crude WTI hit a new low to test October’s price zone at 66.80. On the chart, the price was consolidating after another downward shift saw over $4 wiped off the value in recent sessions. While sentiment…
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GER 40 (DAX40 index)  breaks lower The DAX40 index fell further after continuing the bearish rally from last month. A fall below the base of a previous bounce at 19100 suggests that sellers are still in control of the direction, forcing…
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Dow 30 index (US 30) looking for bids The Dow 30 index remained subdued after failing to recapture its recent record high. As sentiment is still cautious, a limited bounce above 43000 could give bulls what they need to re-enter the…
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XAUUSD tests resistance Gold Pushing higher as buyers continue to enter the buying market. The price has accumulated strength after rising above the critical threshold of 2640 and is about to test key resistance at 2660. Another push…
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China is on a week-long national holiday, but the events going on are of such significance that they are still affecting the market. Analysts are hotly debating the implications for the markets. Which by extension means that Forex could be…
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S&P 500 index continues to rally The S&P 500 index closed at another record high as stocks continued to digest last week’s Fed cut. The rally has hit a slight consolidation at 5730. A bearish RSI could show a pullback in…
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CADJPY pair back on track The Canadian dollar began the fightback as inflation jumped higher in Japan. On the chart, bulls are still trying to regain the upper hand after bouncing 300-pips higher, which could be a sign of a recovery.…
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