The USDCAD has run to the upside extending above a swing level near 1.4079, but then found willing sellers against another swing level at 1.4105.IN the video above, I take a look at the USDCAD from a technical perspective and outline what would give traders some cause for pause after the recent r... Read more
Forexlive - Nov 20
On today's episode of CNBC Crypto World, major cryptocurrencies trade lower after Fed Chair Jay Powell suggested the central bank may not cut interest rates again at its December meeting. Plus, JPMorgan analysts said in a note that Circle’s USDC stablecoin is outpacing Tether’s USDT in terms of o... Read more
Cnbc - Oct 30
The USDCAD started the week with a strong technical break to the upside, moving above a key swing area and the 38.2% retracement between 1.40106 and 1.40212. That area had been a clear dividing line on the charts, representing the first major retracement level of the recent move lower. The break ... Read more
Forexlive - Oct 15
The USDCAD has seen down and up price action today with the pair 1st moving above its 200 day moving average early in the session at 1.3960. The price failed on that break, leading to a rotation back to the downside, only to find support buyers against the rising 100 hour moving average (blue lin... Read more
Forexlive - Oct 06
The USDCAD continues to show a firm upside bias, but traders are facing a critical test as price action presses against key resistance levels. The pair has already extended above both the high from last week and the high from yesterday’s trade near 1.3957. That break drew market attention toward ... Read more
Forexlive - Oct 02
The USDCHF is easing lower after yesterday’s sharp surge to the upside. The pullback has carried the pair back under a swing area between 0.7986 and 0.7994, shifting the near-term tone.The correction now puts focus on the 61.8% retracement of the September downswing, which comes in at 0.79784. A ... Read more
Forexlive - Sep 26
FundamentalOverviewThe USD sold off across theboard on Friday as Fed Chair Powell tilted more dovish by saying that “withpolicy in restrictive territory, the baseline outlook and the shifting balanceof risks may warrant adjusting our policy stance.”That saw traders firming upexpectations for a ra... Read more
Forexlive - Aug 25
In the battle of the stablecoin giants, who wins? Read more
Fool - Aug 06
