The overall market sentiment is risk-on. The S&P 500 index (US 500) is getting close to the all-time high. Oil is recovering quickly from its recent losses.
USD/CAD has risen by more than 60 pips
The Canadian dollar weakened significantly after the monetary policy decision by the Bank of Canada. Bulls broke the resistance at 1.3144 on H4 and pushed the price above it towards the 100-period SMA and the 1.3174 level. From the downside, the key levels in bears’ focus will be at 1.3077, 1.3067 and 1.3054.
What will happen? The FOMC statement will be published at 21:00 MT (GMT+3) on Wednesday, July 28…
Hong Kong stock index extended a decline sparked by China’s tech crackdown. Tesla posted better-than-expected results. Jump in!
This week Apple, Microsoft, Google, Facebook, Pfizer, and other large US companies will deliver earnings reports…