Technical Analysis

USDCAD is falling strongly away 1.3350 region, where higher degree wave four correction was labeled. As such we now see drop as a suggestion that bears are taking over and that a five wave move is unf...
Fundamental Analysis

Global stocks remain on the back foot, pressured by crude oil tumbling into a ‘bear' market on concern a global supply glut will persist. The weakness in crude and other commodities is denting the F...
Fundamental Analysis

A renewed sell-off in oil prices amid oversupply concerns effectively dented risk sentiment on Wednesday with global stocks exposed to heavy losses as oil bears pressured equity bulls. European market...
Fundamental Analysis

We're seeing risk aversion in the markets once again on Thursday, with US futures currently slightly in the red, Gold adding to recent gains and the yen edging higher. After falling into bear market t...
Fundamental Analysis

The British pound rebounded yesterday, after BoE's chief economist Andy Haldane said that he favors a partial withdrawal of the stimulus the BoE introduced in August 2016. He added that if data come i...