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The USD has been movinghigher in a straight line in the last two months

The USD index DXY continues to make gains as the US consumer continues to keep the economy afloat, but we'll see this week as the data is co Full Article

1 day

Crude Oil has been retreating since last Tuesday and it giving some bearish signals after moving above $90/barrel Full Article

2 days
Sellers are failing at 1.34 in USD/CAD

USD/CAD has retreated 3 cents lower but it seems like the pullback might have come to an end and a bullish reversal is underway Full Article

2 days
EIA inventories showed another decline for last week

Yesterday we saw a deeper pullback in crude Oil but MAs held as support and Oil bounced after another drawdown in US EIA crude inventories Full Article

6 days
US 10-year bonds retreating as we await the FOMC

Today the FED is expected to keep rates unchanged, but traders are interested in the rhetoric for further hikes ahead with bond yields signa Full Article

1 W
Crude Oil continues to trade higher

Crude Oil has moved above $91 and every time the price pulls back, buyers come back right at the 20 SMA, sending WTI above again Full Article

1 W
USD/CAD getting squeezed between 2 MAs now

USD/CAD lost 200 pips last week, but the decline stopped at the support zone around 1.35 where this pair met the 200 SMA Full Article

1 W
EIA inventories showed another decline for last week

US WTI Crude Oil continues to be supported by MAs, as it heads for $90, despite a jump in EIA inventories yesterday Full Article

2 W
USD/CAD will likely push above 1.37 next week

BOC's Macklem was hawkish this week as the data showed improvement in the Canadian economy, but the trend remains bullish for USD/CAD Full Article

3 W
Will Oil resume the uptrend today?

Crude Oil has been gaining for eight straight days, but yesterday we saw a retreat on profit taking despite another major EIA drawdown Full Article

3 W
BOC expected to keep rates on hold at 5.00%

The USD resumed the uptrend yesterday although traders are waiting for the ISM services today, while the CAD is focused on the BOC meeting Full Article

3 W
Crude Oil moves above $87 on Saudi Arabia production cut announcement

Crude Oil has just surged $2 higher after the announcement of output cuts from Saudi Arabia and we caught that move with a buy Oil signal Full Article

3 W
Crude Oil breaks the resistance after bouncing off the 100 daily SMA

Crude Oil gained around $2 yesterday after a major decline in EIA inventories and it is heading for the early August highs Full Article

4 W

Risk currencies are benefiting from the idea of the FED not hiking anymore as US economy slows, but they will tumble if we see recession sig Full Article

4 W

WTI crude Oil is hanging around the $80 level, which shows hesitation from buyers to push higher as China's economy is not improving Full Article

1 M
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