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Stock markets tumble as North Korea’s provocations hit new highs

In a clear act of provocation, North Korea launched a ballistic missile that flew over Japan before breaking in three pieces and falling in the Pacific Ocean. This was this year’s 18th missile test by Pyongyang this year but this Read More →

EURGBP – Euro In Super Bullish Trend Vs British Pound

Key Points

  • There was a sharp rise in the Euro above the 0.9200 resistance against the British Pound.
  • There are two important bullish trend lines forming with support at 0.9265 and 0.9240 on the hourly chart of EURGBP.
  • Today in Read More →

Gold Price Rockets Higher above $1315 Vs US Dollar

Key Points

  • There was a sharp rise in Gold price above $1300 against the US Dollar due to North Korea tensions.
  • There is a major bullish trend line forming with support at $1305 on the hourly chart of the Gold Read More →

CAD: NAFTA Flying Under The Radar; What’s Next? – Credit Agricole

Credit Agricole CIB FX Strategy Research notes that the NAFTA talks are off to a difficult start as the US delegation reportedly requested to remove the chapter 19 dispute settlement provisions that are a key issue for Canada.

"Furthermore, Read More →

USDCAD – US Dollar Remains Sell on Rallies Vs Canadian Dollar

Key Points

  • The US Dollar continued to decline and moved below 1.2500 against the Canadian Dollar.
  • There is a major bearish trend line forming with resistance near 1.2510 on the hourly chart of the USDCAD pair.
  • This past week, speech Read More →