US Futures Still on the Upside, Watch AMZN, BA, REGN, DIS, DPZ, KEYS

The S&P 500 futures remain well directed as they are boosted by the potential development of…

Euro Flies High on EU New Generation Recovery Plan

Euro surges broadly today as traders more than welcome the new EU pandemic recovery plan. Canadian…

EUR/CHF Mid-Day Outlook

Daily Pivots: (S1) 1.0581; (P) 1.0607; (R1) 1.0629; More… EUR/CHF’s rise resumes today by taking out…

Gold breaches 1700 as correction from 1765 extends

Gold’s decline from 1765.25 extends lower today and breached 1700 handle. The fall is getting better…

GBP/USD Outlook: Bull-Trap Formation Threatens of Deeper Fall

Cable fell some hundred pips on Wednesday as traders booked profits from Tuesday’s 1.2% rally, weakening…

Coronavirus Vaccine News Boost Risk Appetite Again, Dollar in Free Fall

Risk appetite is back driving the global financial markets, after biotech company Novavax said it has…

GBP/USD Outlook: Impressive Rally on Sidelined Idea of Negative Rates, Brexit Optimism

Cable advanced 1.2% on Tuesday, with strong acceleration seen during European session, when the pair hit…

AUD/USD Daily Report

Daily Pivots: (S1) 0.6527; (P) 0.6539; (R1) 0.6557; More… AUD/USD’s rise from 0.5506 resumes today and…

USD/CAD Mid-Day Outlook

Daily Pivots: (S1) 1.3965; (P) 1.3987; (R1) 1.4004; More…. Intraday bias in USD/CAD is turned to…

EUR/AUD Mid-Day Outlook

Daily Pivots: (S1) 1.6620; (P) 1.6661; (R1) 1.6687; More… EUR/AUD’s decline from 1.9799 resumes today with…