NZDCAD bullish breakout | 21st June 2021

NZDCAD has shown a bullish breakout from the descending trendline resistance-turned-support and is now holding above the moving average support. We could see a bounce at Buy Entry level, in line with 38.2% Fibonacci retracement, 61.8% Fibonacci extension, horizontal pullback support and moving average support, and further upside towards Take...

NZDCHF bullish breakout | 21st June 202

NZDCHF has shown a bullish breakout from the descending trendline resistance, where we could see a bounce from the Buy Entry level, in line with 61.8% Fibonacci retracement and 61.8% Fibonacci extension. Price could rise further towards Take Profit level, which is in line with 61.8% Fibonacci extension and horizontal...

Market Quick Take – June 21, 2021

US equities suffered a broad sell-off on Friday, with volatility possibly aggravated by the expiration of many futures and options contracts and in the wake of hawkish comments from St. Louis Fed president James Bullard. US long yields have collapsed as the market prices in higher rates at the front-end...