Blogs
Dow Tumbles Into 10% Correction As Futures Crash, 10Y Yields Plunge To Record Lows On Pandemic Panic
Article By:
Tyler Durden
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Thursday, February 27, 2020 8:10 AM EST
After three days of tentative attempts to BTFD in the overnight session, on Thursday for the first time, the puke in futures and global markets was so widespread that "pajama traders" did not pass go and proceeded to sell without prejudice.
USDCAD Daily Analysis – Thursday, Feb. 27
Article By:
ForexCycle
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Thursday, February 27, 2020 5:03 AM EST
USDCAD extended its upside movement from 1.3201 to as high as 1.3346, breaking above 1.3328 resistance.
USD/CAD To New Highs As Oil Tanks
USDCAD Daily Analysis – Wednesday, Feb. 26
Article By:
ForexCycle
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Wednesday, February 26, 2020 5:40 AM EST
USDCAD remains in the uptrend from 1.3201. Further rise could be expected after a minor consolidation and next target would be at 1.3350 area.
Capital Markets Remain Fragile After Yesterday's Bloodletting
Article By:
Marc Chandler
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Tuesday, February 25, 2020 7:20 AM EST
Despite all the concerns that the markets were under-appreciating the implications of the new coronavirus, there is a sense that yesterday's moves were in excess.
AUDUSD Daily Analysis – Tuesday Feb. 25
Article By:
ForexCycle
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Tuesday, February 25, 2020 4:44 AM EST
AUDUSD moved sideways in a trading range between 0.6585 and 0.6638.
USDCAD Daily Analysis – Tuesday, Feb. 25
Article By:
ForexCycle
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Tuesday, February 25, 2020 3:40 AM EST
USDCAD broke above 1.3278 resistance, suggesting that the downside movement from 1.3328 had completed at 1.3201 already.
Stocks Slammed And Yields Drop As Virus Containment Fails
Article By:
Marc Chandler
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Monday, February 24, 2020 7:48 AM EST
The ring of containment of Covid-19 has grown from China. The new frontline is Japan, South Korea, Italy, and Iran. A lockdown of around 50k people near Milan and Austria blocking trains from Italy is scaring investors.
USDCAD Daily Analysis – Monday, Feb. 24
Article By:
ForexCycle
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Monday, February 24, 2020 4:58 AM EST
USDCAD is facing 1.3278 resistance, a breakout of this level would indicate that the downtrend from 1.3328 had completed at 1.3201 already, then another rise towards 1.3300 could be seen.
Anxiety Rises On COVID-19 International Spread
Article By:
Ivan Delgado
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Monday, February 24, 2020 4:49 AM EST
The buying of US Dollars or selling of the Oceanic currencies has been dominant through inter-market dealings this Monday, as the market's anxiety keeps rising following a dramatic increase in the cases of COVID-19 internationally.
E SPX, Bitcoin, Gold, Oil And G6 Targets For The Week Of February 24
Article By:
George Krum
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Sunday, February 23, 2020 1:49 PM EST
So far, the technical damage has been minimal, as the SPX has found support at the weekly pivot line. However, a break below 3325 has the potential to lead to a retest of the lower channel trendline at 3220