Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

Fundamentals drive USD/CAD upper
Fundamentals drive USD/CAD upper

The poor Canadian data in combination with the positive US report should push USD/CAD to the upside. Jump in for technical analysis!

Bearish long-term forecasts for USD
Bearish long-term forecasts for USD

Some analysts believe that there is more room for the US dollar to fall further. According to AG Bisset Associates, the USD will plummet by 36% against the euro. It’s hard to believe right now amid the stronger greenback, but let’s discuss why it’s possible.

Gold is indecisive
Gold is indecisive

Gold had to rise above $2 000 after the poor ADP report, but it didn’t. Here are 3 main resistance levels to watch out.

Oil prices climb up
Oil prices climb up

Oil prices are steadily growing as crude stockpiles have been declining for six weeks.

British pound is on rise
British pound is on rise

GBP/USD is climbing upward. The break out above 1.3500 will drive the pair to multi-year highs.

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