USDCAD Daily Analysis – June 15, 2020
USDCAD extended its upside movement from 1.3314 to as high as 1.3666.
Curve Ahead Market Strategies
AUD/USD
AUDUSD extended its upside movement from 0.6401 to as high as 0.6615.
USDCAD Daily Analysis – May 21, 2020
USDCAD formed a sideways consolidation above 1.3849 support.
AUDUSD Daily Analysis – May 18, 2020
AUDUSD is facing 0.6372 support. As long as this level holds, the sideways movement in a trading range
Crude Oil Drifts Lower
Crude oil prices have eased back at the start of this week, with a barrel of Brent costing $62.25 and WTI $57.25.
CVS CEO Larry Merlo & Aetna CEO Mark Bertolini Break Down Blockbuster $69 Billion Merger
CVS Health President & CEO Larry Merlo and Aetna Chairman & CEO Mark Bertolini discuss CVS buying Aetna in $69 billion deal on CNBC.
EURUSD Price Forecast December 5, 2017, Technical Analysis
As we opened the trading session on Monday, we obviously gapped lower in favor the US dollar during Asian trading, perhaps in reaction to the tax bill making significant gains through the US Senate.
AUDUSD Short-Term and Long-Term Channel Dec 05, 2017
AUDUSD is currently trading inside an ascending channel on its daily time frame and is testing support. Price is also moving inside a short-term descending channel and might need to break past the resistance before establishing bullish momentum.
USDCAD Breaking Lower Aaead Of BOC
North Korea tensions have again dominated the agenda at the start of this week and will continue to remain a major obstacle facing risk-sensitive assets in the near-term.
Start Of Dollar Recovery?
Following big falls in some risk-sensitive assets on the back of North Korea tensions, a number of global stock indices and dollar currency pairs ended the session with impressive reversal-looking technical patterns as the dip buyers evidently stepped in to take advantage of the lower prices (see the technical outlook section below).