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28 JULY 2020...USDCAD 1H...BUY

Australian Market Advances

The Australian stock market is advancing on Tuesday following the overnight gains on Wall Street amid optimism about additional fiscal stimulus in the U.S. and on upbeat economic data. In addition, higher commodity prices lifted resources stocks. The benchmark S&P/ASX 200 Index is rising 51.30 p

Week ahead commodity report: Gold, silver and crude oil price forecast [Video]

Gold surged to record highs on Monday as an intensifying U.S.- China row and a weaker dollar sent investors into the safety of bullion. Silver jumped 5.5% to $24, after hitting its highest since September 2013. The dollar fell to a two-year low on increased bets the U.S. Federal Reserve could provid


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China Bourse May Extend Monday's Gains

The China stock market on Monday snapped the two-day losing streak in which it had surrendered almost 140 points or 4 percent. The Shanghai Composite Index now sits just above the 3,205-point plateau and it's tipped to open higher again on Tuesday. The global forecast for the Asian markets is upbeat
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AUD/USD Price Analysis: Attempts another run towards 0.72 amid falling channel breakout

The aussie’s path of least resistance appears to the upside. The spot charts falling channel breakout on hourly sticks. Extension of the USD sell-off could risk a test of 0.72 in AUD/USD. AUD/USD has receded from daily highs of 0.7146 but still trades with sizeable gains above 0.7100 amid broad US
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EUR/JPY Price Analysis: Decent support emerged near 122.90

EUR/JPY stays on the defensive but managed to regain 123.00. The key support area around 122.90 holds the downside so far. EUR/JPY keeps correcting lower on the back of renewed JPY-buying and despite the firm performance of the European currency. Friday’s pullback met support in the 122.90 region,

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Pull-up Update