by David Kindley | May 6, 2025 | Tecchnical Analysis
Canadian dollar (USDCAD) stuck in a range The Canadian dollar (USDCAD) looks for further direction as price action remains stuck sideways. The pair remains in a long-term consolidation as 1.3770 is an important support to prevent prices from breaking lower. On the...
by David Kindley | May 5, 2025 | Tecchnical Analysis
New Zealand dollar (NZDUSD) stuck in descending channel The New Zealand dollar (NZDUSD) attempted to claw back recent losses after Friday’s NFP numbers missed the consensus. The pair has recently struggled against the greenback, which saw over 200 pips wiped off the...
by David Kindley | May 2, 2025 | Tecchnical Analysis
USDCAD remains bearish Trade tariffs have been the centre of attention in the past few months as the worries over an upcoming recession seem more and more likely. As the greenback continues its sell-off, traders have given up on a potential rebound. With a host of...
by David Kindley | May 2, 2025 | Tecchnical Analysis
Gold Slides Lower as $3000 is on the Horizon! Gold prices remained subdued after the recent tariff war looks to have settled down. With the NFP numbers coming into play today, will the Dollar index finally pop above $100? Timestamps DXY 00:20 XAUUSD 01:45 Test your...
by David Kindley | May 2, 2025 | Tecchnical Analysis
The Dow (US 30) remains bullish The Dow (US 30) continued its revival after another 100-point push as prices broke yet another critical resistance. Bulls have flushed out the remaining selling interests as price action aims for the mid-41000 area. However, the current...
