Chinese Yuan Technical Analysis: EUR/CNH, USD/CNH Rates Outlook
USD/CNH rates have experienced a more significant technical breakdown than their EUR/CNH counterpart.
AUD/USD Eyes Trade Data as Post-Australia GDP Move Fails at Technical Resistance
Asia Pacific markets may trade in calm waters as investors await the highly anticipated US NFP report. Meanwhile, AUD/USD may see a directional shift after trade data for May crosses the wires.
Canadian Dollar Outlook: USD/CAD at Support- Loonie Breakout Imminent
The Canadian Dollar rally has stalled with USD/CAD in consolidation just above critical technical support. Here are the levels that matter on the Loonie charts.
Crude Oil Price Forecast: Bullish Triangle & Multi-Decade Trendline Breakout in Progress
Crude oil prices have broken the downtrend dating back to the all-time high, buoyed by growth optimism and inflation concerns.
Monthly Forex Seasonality – June 2021: Best Month of Year for AUD, CAD, & NZD
If “sell in May and go away” was nonsense, it’s because risk appetite has remained strong through the end of June.
Bitcoin backing into support zone a plus for Coinbase
Coinbase appears in a good position to maintain profitability selling virtual shovels amid the crypto gold rush.
Coupang may be SoftBank’s next crown jewel if Alibaba decouples
SoftBank’s share price could be decoupling from Alibaba’s, as inferred by a much lower correlation of their market cap changes in recent years.
Gold & Silver Price Action Analysis: Levels and Lines to Watch
Gold has solid levels to watch on two different time-frames; silver is caught between strong support and resistance.
The year of credit risk: Crisis response and recovery
More than a decade from the 2008 crisis, regulators and risk managers are asking whether banks are better prepared for the emergent challenges seen in the current pandemic.
Japanese Yen Outlook: USD/JPY, AUD/JPY Uptrends in Focus as Net-Short Bets Cool
The Japanese Yen remains under pressure as retail traders seem to be maintaining a net-short bias in USD/JPY and AUD/JPY. But, recent signals seem to hint that their trends may slow.