Daily Technical & Fundamental Analysis

USD/MXN Price Forecast: A Risk of a Possible Reversal- USD vs Mexican Peso
08 April, 2020 13:32

USD/MXN Price Forecast: A Risk of a Possible Reversal- USD vs Mexican Peso

USD VS MXN TECHNICAL OUTLOOK

Gold Price Analysis: Trapped in descending triangle amid risk-off
23 March, 2020 15:11

Gold Price Analysis: Trapped in descending triangle amid risk-off

Gold is being squeezed in a triangle pattern amid recession fears and risk aversion. A breakout would put the bulls in a commanding position, yielding notable recovery rally.

Gold: Marks three-day losing streak, towards $1,450, despite fresh risk-off
20 March, 2020 09:26

Gold: Marks three-day losing streak, towards $1,450, despite fresh risk-off

Gold prices remain on the back foot amid broad US dollar strength. The fresh coronavirus headlines from the UK and US renew risk aversion but the shift to safe-haven flows help the greenback. Combat against the virus can offer fresh impulse, the economic calendar will provide intermediate bounces.

Oil Price Analysis: WTI prices depressed in 18-years lows near $24 per barrel
19 March, 2020 16:50

Oil Price Analysis: WTI prices depressed in 18-years lows near $24 per barrel

Crude oil prices had one the worst selloff in history plummeting to near $20 a barrel in the last four weeks.

Crude Oil Prices at the Mercy of Risk Trends
04 March, 2020 15:33

Crude Oil Prices at the Mercy of Risk Trends

WTI oil cratered through 2016 trend-line, near December 2018 low.

Gold Prices May Fall as Chart Warns of Topping Below $1700
03 March, 2020 11:14

Gold Prices May Fall as Chart Warns of Topping Below $1700

Gold prices retreated after briefly spiking to a seven-year high just below the $1700/oz figure.

Coronavirus Impact: S&P 500, DAX, Gold and Crude Oil Outlook
28 February, 2020 16:06

Coronavirus Impact: S&P 500, DAX, Gold and Crude Oil Outlook

The spread of the Coronavirus has prompted a sharp deterioration in risk appetite with equity markets tumbling, which in turn has seen investors seek safety in gold. Alongside this, oil prices have descended into bear market territory, consequently, pushing global inflation expectations lower and thus markets have repriced the likelihood of continued central bank easing. However, while volatility across various assets have soared, we put these moves into context based on previous virus outbreaks.

Canadian Dollar Forecast: GBP/CAD, CAD/CHF, NZD/CAD, EUR/CAD
20 February, 2020 14:46

Canadian Dollar Forecast: GBP/CAD, CAD/CHF, NZD/CAD, EUR/CAD

CANADIAN DOLLAR PRICE CHART, GBP/CAD, CAD/CHF, NZD/CAD, EUR/CAD – TALKING POINTS

 USD/CAD Price Analysis: Set-up remains in favour of bullish traders
04 February, 2020 15:53

USD/CAD Price Analysis: Set-up remains in favour of bullish traders

  • USD/CAD bulls struggle to make it through 1.3300 mark.
  • Dip-buying should help limit any meaningful downfall.
USD/CAD, EUR/USD, AUD/USD Technical Analysis for Next Week & More
24 January, 2020 16:31

USD/CAD, EUR/USD, AUD/USD Technical Analysis for Next Week & More

USD/CAD rallied strongly on Wednesday, but was followed by a test of a trend-line from 2017 that turned into a mini failure. The reversal yesterday could spell some short-term weakness at the least. A close above 13171 will negate the reversal.

XAU/USD: Gold Slides 5% as Volatility Wanes – Will Support Hold?
15 January, 2020 13:13

XAU/USD: Gold Slides 5% as Volatility Wanes – Will Support Hold?

GOLD FORECAST: EBBING VOLATILITY PRESSURES XAU/USD TOWARD TECHNICAL SUPPORT AFTER PIERCING $1,600

US dollar breaks to peaks
02 September, 2019 16:36

US dollar breaks to peaks

As it was expected Beijing and Washington interchanged new import duties which were considered as the next phase of the trade conflict. US President Donald Trump has once again stated that US-based companies should look for alternatives to Chinese material.