USDCAD could retest key resistance and drop!

Q4 earnings are off to a good start lifting sentiment in global equities. We also discuss when rising interest rates may become a problem for growth stocks.Around 55 companies have reported Q4 earnings in the S&P 500 and the earnings surprise ratio is so far 90% while the positive revenue...

The US dollar was broadly lower as risk appetite surged on Inauguration Day for US President Joe Biden, but the narrative fails to fit with the action seen across markets, even if a single odd day should not . Biden set to work immediately unwinding a raft of Trump move....

Today, a look at the best Inauguration Day performance for US stocks since Reagan's re-election in 1985, a run down of BIden policy priorities, a status check on the earnings season thus far, a discussion of our equity theme baskets for green energy and next generation medicine, the odd dissonance...

The Tidal Shift Strategy has just bought NZDUSD at 0.72064. The system recommends entering this trade at any price between 0.7193 and 0.72198. The signal was issued because our Speculative Sentiment Index has hit its most extreme negative level for the past 145 trading hours at -2.23224, which suggests that...

Price is approaching support where we could see a bounce above this level, a break above our descending trend line would provide us with the upside confirmation.

Price is approaching support where we could see a bounce above this level, a break above our descending trend line would provide us with the upside confirmation.

The US equity market ripped higher to significant new all-time highs on Inauguration Day for US President Joe Biden, the US dollar dropped against pro-cyclical and EM currencies, and treasuries traded sideways. President Biden immediately moved to unwind a raft of Trump-era policy in a blitz of executive orders. Treasuries...

USDCAD is breaking below key support, more downside !

USDCAD is breaking below key support, more downside !