• 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 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 […]

  • XAUUSD Trend Analysis

    XAUUSD Trend Analysis

  • XAUUSD approaching support, potential for a bounce!

    XAUUSD is expected to drop to 1st support at 1520.069 where it could potentially react off and up to 1st resistance at 1533.456. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.

  • XAUUSD approaching support, potential for a bounce!

    XAUUSD is expected to drop to 1st support at 1520.069 where it could potentially react off and up to 1st resistance at 1533.456. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.

  • XAUUSD bounced from support, potential for a further rise!

    XAUUSD bounced off 1534.37 where it could potentially rise further to 1543.83. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.

  • Precious Metals Monday 26-08-10

    Gold Gold prices have softened a little over early trading today, following an explosive move higher on Friday, in reaction to comments from Fed Chairman Powell. Speaking at the Jackson Hole Symposium, Powell kept further rate cuts firmly on the table, though noted that the Fed is limited in its ability to handle the negative […]

  • XAUUSD reversed from resistance, potential drop!

    XAUUSD reversed off its resistance at 1527.08 where it could potentially drop further to 1478.52. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.