GBP/CAD Price Analysis: Bears waiting for break of key support
GBP/CAD bears looking for confirmation of the downside prospects.
Bullish conditions still persist until certain conditions evolve.
GBP/CAD has run into a key resistance on the weekly chart and is primed for a rin to the downside to fill in a monthly wick.
Bears will be looking for 4-hour confirma
Gold Price Analysis: XAU/USD eyes 38.2% Fib retracement support
Gold's weekly chart momentum studies have turned bearish.
The metal risks falling to key support at $1,836.
Gold looks set to extend its recent decline to $1,836 – the 38.2% Fibonacci retracement of March to August rally – as crucial technical indicators have rolled over in favor of the bears.
T
Australia: Payroll jobs rose in August while Victoria’s fell again – ABS
The latest data published by the Australian Bureau of Statistics (ABS) showed on Tuesday, a slowdown in the rate of job losses in the coronavirus-hit Victoria when compared to a month ago.
Additional details
“Payroll jobs fell by 0.4% over the month to 22 August.”
“Payroll jobs fell by 2% in Victori
Début d'une correction baissière sur le dollars
#EUR/USD#
Hier la C haussière s'est close, sans atteindre mon objectif de prix et tapant mon SL, 1.20 a était rejeté sans ambiguïté Le mouvement baissier qui s'est terminé à 5h du matin semble être la 1 d'une A baissière Son épuisement annonce une 2 dont les objectifs de prix sont 1.
Tokyo Court Orders Stolen NEM from Coincheck to be Confiscated
Photo: FM
More than two years since Coincheck Inc. was hacked, the Tokyo District Court has issued the first-ever cryptocurrency seizure for Japan, according to numerous media reports including the Japan Times.
According to reports, the Court has issued a protective order in anticipation of the co
Technical analysis – GBP/USD appreciates, targeting durable resistance border
GBPUSD is in the process of re-examining the toughened resistance zone from 1.3185 - 1.3211, which has been keeping advances at bay. The strengthening 50- and 100-day simple moving averages (SMAs) and the recent bullish crossover of the 200-day SMA by the 50-day one, suggest further gains may unfold
USD weakens, closing lower for the week
EUR/USD Rises For The Third Consecutive Session
The common currency is posting a steady gain against the US dollar as price closed in the green for the third session in a row.
This comes after EURUSD fell to the support area near 1.1714 earlier in the week.
However, the previous highs were met with
GBP/USD intraday: The bias remains bullish
EUR/USD: Further upside
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Pivot (invalidation): 1.1830
Our preference Long positions above 1.1830 with targets at 1.1885 & 1.1900 in extension.
Alternative scenario Below 1.1830 look for further downside with 1.1805 & 1.1780
FINRA Warns Member Firms Against Imposter Domain Name
Photo: Reuters
The Financial Industry Regulatory Authority (FINRA) has recently published a notice on its website, warning the public that an imposter website is impersonating the United States regulator.
FINRA is an independent and non-government agency that writes and enforces the rules governin
EURJPY Retreats Beneath 16-Month High, Bullish Outlook
EURJPY has been underperforming in the past two days, testing the red Tenkan-sen line. When looking at the bigger picture the pair has been in a clear bullish tendency since May 6.
On the daily chart, prices bounced off the 16-month high of 125.60 but based on the technical indicators, momentum is w
Gold in Steep Correction as Global Stocks in Strong Rally
The global financial markets continue to trade in full risk-on mode today. In particular, US futures point to sharply higher open as S&P 500 would likely take on new record high. Canadian Dollar is currently the strongest one for today, as lifted by mildly higher oil price. Australian Dollar fol
