The US dollar (DXY) spent the week consolidating, but there are a few considerations about whether the next move will be bullish or bearish.
Find out what those are, and how it might affect… Read More
Hi Traders! Arvinth here from the Home Trader Club team. The weekly summary and, review of July 28th 2023 is here. It is now time to recap and summarize the trade setups that we ha… Read More
AUDCAD recently surged past the resistance around 0.9200 but is finding resistance around .9160. Applying the Fibonacci retracement tool shows levels where buyers might be...
The post AUDCAD… Read More
Has the AUDCAD reached a short-term bottom?
Watch the video here to find out what I think.
On November 13, I pointed out a possible bullish scenario developing for the NZDCAD.
We were watchi… Read More
A look through the swing trading time frames on MT5, and I spotted this bullish mean reversion signal on the AUDCAD 12 hour chart.
Price has been heavy on the bearish side, dropping fast en… Read More
AUD/CAD Price Recap
The choppiness in the recent daily price action of AUD/CAD continues; to start today, it comes in at a price of 0.90015 US dollars, down 13 pips (0.15%) since yesterday… Read More
There is quite a bit of mess hanging around this week, I didn’t see anything on the daily charts that I liked.
There is a big rejection candle on AUDCAD but I think it’s a… Read More
The Australian dollar versus the Canadian dollar currency pair retraced sharply from the area of the 0.8900 psychological level. Even if the price is nearing im… Read More
Desperately seeking stability
US Markets
From sandstorms in Riyadh to headwinds in Rome, escalating risk has effectively capped the recent swell in US Treasury yields, while the comb… Read More
The Reserve Bank of Australia decided to keep the current policy unchanged in its meeting earlier today at 1.5% as widely expected, despite the fact that the Labour Market in Australia is sh… Read More
MARKETS IN PLAY
Futures, currencies (and, occasionally, stocks) that have completed 10+ week chart formations (Head and Shoulders, Triangles Cup and Handle, Rectangle or Wedges) by means of… Read More