USDZAR Technical Analysis – 2020 Trading Low In Focus
The US dollar is now approaching towards the 2020 trading low against the South African rand currency, after being trapped...
Amazon Technical Analysis – 4,000 possible
Amazon’s share price jumped in late-Thursday trade after the coming released a much-stronger than expected first-quarter earnings results. Wall Street...
USDJPY Technical Analysis – Watching 108.45
The US dollar is having staged a big recovery against the Japanese yen currency, following strong demand for the pair...
Copper Technical Analysis – Ready to go parabolic
Copper price hit a fresh decade high yesterday as the red metal is benefitting from strong demand, as the US...
USDCAD Technical Analysis – Broadening wedge breakout in progress
The US dollar has been on a one-way price journey against the Canadian dollar currency since last week’s Bank of...
WTI Oil Technical Analysis – Fundamentals and sentiment divergence
The price of West Texas Intermediate oil is trading back under slight pressure following a rejection from the $64.00 level,...
GBPUSD Technical Analysis – Complex pattern unfolding
The British pound had a mixed week against the US dollar last week, as sterling started the week with a...
EURUSD Technical Analysis – 1.2300 Highly possible
The euro currency is on course for more gains against the US dollar this week, after April preliminary PMI manufacturing...
Market Insight – The Trading Week Ahead
During the upcoming trading week, the Federal Open Market Committee and Bank of Canada interest rates decisions and monetary policy...
Copper Technical Analysis – Takes another look at $430.00
Copper price tested back towards the $430.00 level yesterday, although buying was lacking just some $7.00 shy of the current...
