Trendline Break to Facilitate a Test of 1.3500 Support?

[ad_1] USD/CAD PRICE, CHARTS AND ANALYSIS: Read More: The Bank of Canada: A Trader’s Guide USDCAD Continues its slide today helped by a weaker US Dollar and a rebound in Oil prices. Having broken the ascending trendline on Friday the selloff has gathered a bit more momentum but faces some technical hurdles ahead. Despite more

EUR/USD and EUR/GBP Leaking Lower Ahead of Thanksgiving Break

[ad_1] EUR/USD Forecast – Prices, Charts, and Analysis FOMC minutes give little away, leaving the US dollar rudderless. UK Autumn Statement may give Sterling a boost. Download our Complimentary Guide to Trading EUR/USD Recommended by Nick Cawley How to Trade EUR/USD The Federal Reserve is very unlikely to cut interest rates anytime soon and may

Will Bitcoin Have What it Takes to Break the $38k Mark?

[ad_1] BITCOIN, CRYPTO KEY POINTS: READ MORE: Oil Price Forecast: Recovery Continues as Expectations for OPEC Cuts Grow Bitcoin prices continue to hold the high ground but the $38k level remains a stumbling block. The rumors that an ETF approval would come by the November 17th failed to come to fruition with Bloomberg ETF analyst

USDCHF under bearish pressure as it fails to break key resistance

[ad_1] USDCHF remains below the 0.8900 level. Sellers in control. The tumble lower in the USDCHF took the price below its 100-day moving average at 0.8896 (blue overlayed step line on the chart above), 50% retracement at 0.88999, and Swing level near the 0.89000 level (see red circles on the chart above). Since then, the

$1980 Support Break Eyed, Do Bears Have the Momentum?

[ad_1] XAU/USD, XAG/USD PRICE FORECAST: MOST READ: Japanese Yen Weekly Forecast: BoJ Tweak Fails to Inspire but Dollar Weakness Looks Promising for USD/JPY Gold prices are consolidating today following another attempt at the $2000/oz handle on Friday. Despite the weaker US Dollar we are seeing a slight recovery in US Yields and improving risk appetite

Break Out With TP and SL Fibonacci MT4 Indicator

[ad_1] In the fast-paced world of forex trading, staying ahead of the curve is crucial for success. Traders are constantly seeking innovative tools and strategies to maximize their profits and minimize risks. One such tool that has gained prominence in recent times is the TP and SL Fibonacci MT4 Indicator. In this article, we will

XAG/USD seems vulnerable to slide further, break below mid-$22.00s awaited

[ad_1] Share: Silver remains under some selling for the second straight day and drops closer to the weekly trough. The technical setup favours bearish traders and supports prospects for additional near-term losses. A sustained strength beyond the $23.60-$23.70 supply zone is needed to negate the negative bias. Silver (XAG/USD) drifts lower for the

Rand Bulls Provoked by Key Support Break

[ad_1] RAND TALKING POINTS & ANALYSIS Geopolitics, Fed and Chinese factors at play. USD/ZAR rising wedge breakout now limited by support zone. USD/ZAR FUNDAMENTAL BACKDROP Macro-economic fundamentals underpin almost all markets in the global economy via growth, inflation and employment – Get you FREE guide now! Foundational Trading Knowledge Macro Fundamentals Recommended by Warren Venketas