• March 30, 2020

    USD/CAD What happened previously? USD liquidity issues are largely improved as Senate passes massive $2 trillion coronavirus spending bill.  U.S. stock futures fell on Monday, indicating a lower start as the number of coronavirus cases and deaths continues to rise and investors brace for data in the week. USD may see a bounce as panic […]

  • Daily Commodity Coverage: March 26, 2020

    USD/CAD What happened previously? USDCAD dropped nicely towards 1st support at 1.41528 and bounced from there.  Market is still gauging if the stock market stabilizes after the $2 tn stimulus plan. Panic in the market still exists which could push USD higher.  What can we expect?  We are seeing price to bounce further towards 1st […]

  • Daily Commodity Coverage: March 25, 2020

    USD/CAD What happened previously? USDCAD sideways and rebound from recent sharp drop.  What can we expect?  We are seeing price to  drop further towards 1st support at 1.41528 and  Stochastics is also reaching oversold area, in support of a potential bounce. 1st support level is a confluence level of 78.6% Fibonacci extension, horizontal swing low […]

  • Daily Commodity Coverage: March 24, 2020

    USD/CAD What happened previously? USDCAD spiked up and touched our 1st resistance. Our previous bearish call is still valid. What can we expect?  We are seeing price to reverse from 1st resistance at 1.47155 and there’s a overbought Stochastics providing support too. 1st resistance level is a confluence level of 1.113% Fibonacci extension, horizontal swing […]

  • Daily Commodity Coverage: March 23, 2020

    USD/CAD What happened previously? USDCAD rallied and went past our 1st resistance. Our previous bearish call is still valid. What can we expect?  We are seeing price to reverse from 1st resistance at 1.47155 and there’s a overbought Stochastics providing support too. 1st support level is a confluence level of 1.113% Fibonacci extension, horizontal swing […]

  • Daily Commodity Coverage: March 20, 2020

    USD/CAD What happened previously? USDCAD rallied and went past our 1st resistance. Our previous bearish call is still valid. What can we expect?  We are seeing price to reverse from 1st resistance at 1.47155 and there’s a overbought Stochastics providing support too. 1st support level is a confluence level of 1.113% Fibonacci extension, horizontal swing […]

  • Daily Commodity Coverage: March 19, 2020

    USD/CAD What happened previously? USDCAD rallied and went past our 1st resistance.Our previous bearish call is not valid.  What can we expect? We are seeing price to reverse from 1st resistance at 1.47155 and there’s a overbought Stochastics providing support too. 1st support level is a confluence level of 1.113% Fibonacci extension , horizontal swing […]

  • Daily Commodity Coverage: March 18, 2020

    USD/CAD What happened previously? USDCAD rallied and reached our 1st resistance target. What can we expect? We are seeing price to reverse from 1st resistance at 1.4267 and there’s a overbought Stochastics providing support too. 1st support level is a confluence level of 78.6% Fibonacci extension and 23.6% Fibonacci retracement.   UKOIL What happened previously? […]

  • Daily Commodity Coverage: March 17, 2020

    USD/CAD What happened previously? USDCAD  rallied and reached our 1st resistance target. What can we expect? We are seeing price to close above the upside confirmation and there’s a bullish Ichimoku cloud providing support too. If price closes above the upside confirmation, we could be seeing a nice bounce from here that can push prices […]

  • Daily Commodity Coverage: March 16, 2020

    USDCAD What happened previously? USDCAD tested out support at 1.3757 and bounced up really nicely from there. That also happens to be a 23.6% Fibonacci retracement and a 61.8% Fibonacci extension. What can we expect? We are seeing price to bounce further from the first 1 support  and there’s a bullish Ichimoku cloud providing support […]

  • Daily Commodity Currencies: 28 January, Tuesday

    USDCHF Technical Analysis:     NZDUSD Technical Analysis:     USDCAD Technical Analysis:   Disclaimer: The material provided is for information purposes only and should not be considered as investment advice. The views, information, or opinions expressed in the text belong solely to the author, and not to the author’s employer, organization, committee or other […]

  • Daily Commodity Currencies: 24 January, Friday

    USDCHF Technical Analysis:     NZDUSD Technical Analysis:   USDCAD Technical Analysis:         Disclaimer: The material provided is for information purposes only and should not be considered as investment advice. The views, information, or opinions expressed in the text belong solely to the author, and not to the author’s employer, organization, committee […]

  • Daily Commodity Currencies: 23 January, Thursday

    USDCHF Technical Analysis:   NZDUSD Technical Analysis:     USDCAD Technical Analysis:       Disclaimer: The material provided is for information purposes only and should not be considered as investment advice. The views, information, or opinions expressed in the text belong solely to the author, and not to the author’s employer, organization, committee or […]

  • Daily Commodity Currencies: 22 January, Wednesday

    USDCHF Technical Analysis:   NZDUSD Technical Analysis:   USDCAD Technical Analysis:   Disclaimer: The material provided is for information purposes only and should not be considered as investment advice. The views, information, or opinions expressed in the text belong solely to the author, and not to the author’s employer, organization, committee or other group or […]

  • Daily Commodity Currencies: 21 January, Tuesday

    USDCHF Technical Analysis:   NZDUSD Technical Analysis:   USDCAD Technical Analysis:     Disclaimer: The material provided is for information purposes only and should not be considered as investment advice. The views, information, or opinions expressed in the text belong solely to the author, and not to the author’s employer, organization, committee or other group […]