Short Term Pullback News Today

In Thursdays trading session, the Australian dollar surged, breaking through the resistance level at 0.68.

Risk assets like the Aussie dollar have softened in the last few weeks however, recent progress in US-Russia talks and RBA rate decision could offer a reprieve

Canadian Dollar Forecast: BoC Tapering Bets to Buoy CAD Against JPY, USD, EUR 2021-03-15 07:30:00 Daniel Moss, Analyst Canadian Dollar, USD/CAD, CAD/JPY, EUR/CAD, Bank of Canada – Talking Points: Equity markets traded mixed during APAC trade as Treasury yields hovered at yearly highs. Robust economic data may intensify Bank of Canada tapering bets and open the door for CAD to continue gaining ground against EUR, USD and JPY....

Crude Oil Slips as OPEC, IEA Cut Demand Outlook, Gold Eyes US Stimulus 2021-02-12 03:00:00 Daniel Moss, Analyst Crude Oil, Gold, OPEC, IEA, Commodities Briefing – Talking Points: Crude oil ends 8-day winning streak as IEA, OPEC cut demand outlook. Gold slips on better-than-expected US jobless claims figures. Stimulus progress will likely determine the short-term trajectory of both commodities. Advertisem...

The S&P 500 and Dow Jones could be at risk of a short-term pullback despite a relatively positive earnings season, accommodative monetary policy settings and the prospect of additional fiscal stimu...

FTSE 100, DAX 30 Technical Forecast For The Week Ahead 2021-01-23 12:00:00 Justin McQueen, Analyst FTSE 100, DAX Analysis and News FTSE 100 | Short-Term Pullback, Long Term Positive DAX | Narrow Range Raises Breakout Risk FTSE 100 | Short-Term Pullback, Long Term Positive The FTSE 100 has extended its pullback from trendline resistance (stemming from the 2009 low) with the index shedding 0.6% for the week. In turn, with momentu...

US Dollar Price Analysis: AUD/USD, EUR/USD, NZD/USD, USD/CAD 2020-12-29 03:00:00 Daniel Moss, Analyst US Dollar, AUD/USD, EUR/USD, NZD/USD, USD/CAD – Talking Points: Ascending Channel guiding EUR/USD rates higher. NZD/USD gearing up to retest the yearly high. Descending Channel capping USD/CAD’s upside potential. Advertisement As mentioned in previous reports, the anti-risk US Dollar may continue to lose ground against its major counterparts, as long-term price analysis suggests a cyclical...

Bitcoin (BTC) Price Outlook: Short-Term Pullback in the Making? 2020-12-22 00:00:00 Daniel Moss, Analyst Bitcoin, BTC/USD, Symmetrical Triangle, RSI Divergence, Bullish MA Stacking – Talking Points: Bitcoin’s long-term outlook remains skewed to the topside. However, the popular cryptocurrency could be at risk of a pullback in the near term. Advertisement As mentioned previously, the provision of extrao...