Eightcap Forex technical insights; USDCAD under pressure data to come.
News & Analysis Looking at the USDCAD daily, sellers have been building pressure since the 29th of May. Selling has accelerated tonight after a false high was set-up last night. This has also confirmed a new lower high. Trendwise we can still see three lines that have...Eightcap Forex technical insights; AUD showing signs of a fightback to safe-havens
News & Analysis Italy, continuing US-China trade fears drive a rush to safe havens. What a week it’s been so far, Political turmoil in Italy has sent markets crashing. Safe-havens have been strong demand this week and we’ve seen strong falls from risk to...Eightcap Forex technical insights; Yen surges as Global uncertainty stacks up
News & Analysis Growing global tensions have sent safe-haven currencies surging over the last 24 hours. The Japanese Yen being the main mover; tensions between the U.S. and China appeared to be easing but new comments from President Trump sent slivers though markets...Eightcap Forex technical insights; is the AUD starting to find buyer traction?
News & Analysis This week has seen a solid reversal for the AUDUSD after adding 92 pips to end last week, 10-year T-note yield has sent the USD surging and the Aussie plummeting. The AUD held up a lot better to a struggling Yen, but we saw a 74 pip fall over the last...Recent Tweets
#US30 looks set for a recovery +141 pts #DOW #Futures +141
#BREAKING: #OPEC ministers strike deal on oil production levels, #USOUSD flying +107 cents @ 66.64
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#USDCAD jumps 60 pips after Canadian data disappoints.
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#US30 has breached it's channel but buyers have returned from 24,389 support. While this level continues to hold we're looking for buyers to hold the balance. Could we see a break of current down streak?
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