Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

USD/CAD keeps falling
USD/CAD keeps falling

USD/CAD has turned sharply down at the start of January and has been declining since then.

Bet on CAD/JPY
Bet on CAD/JPY

The pair formed a “hammer” on W1 and is now likely to retrace to higher levels.

USD/BRL is breaking down
USD/BRL is breaking down

The picture on W1 looks very much like the “Head and Shoulders” with the neckline at 3.68 or 3.56.

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