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Canadian Dollar Price Forecast: USD/CAD, CAD/JPY Levels Ahead of BoC 2021-03-10 03:00:00 Daniel Moss, Analyst Canadian Dollar, USD/CAD, CAD/JPY, Technical analysis, IGCS – Talking Points: The Canadian Dollar may be at risk of a counter-trend correction against its haven-associated counterparts. CAD/JPY vulnerable to pullback after failing to breach key resistance. USD/CAD eyeing a push to retest monthly highs. Advertisement The Canadian Dollar has thoroughly outperformed the US Dollar and Japanese Yen since the Coronavirus Crash in March of 2020 and appears poised to continue doing so ov...

Bitcoin closed the previous week at its worst losses since March's global market rout, raising speculations that the cryptocurrency was about to enter a

The British Pound has been making impressive progress, and not just against the US Dollar. Now, what does retail trader positioning say about where GBP/USD, GBP/JPY and EUR/GBP may go next?

Bitcoin Fails to Push Past $38K on Stronger Dollar, Higher Yields Reading Time: 2min read Bitcoin slipped heading into the European session Thursday as traders booked profits from its recent price rally. The benchmark cryptocurrency briefly crossed over $38,000, a wave high it breached last Friday after gaining open endorsement from Tesla founder Elon Musk. The move upside also appeared as a broader recovery trend that saw the Bitcoin price surging from $32,200 on January 31 to as high as $38,769 as of Thursday. Bitcoin trades lower after briefly closing above $38,000. Source: BTCUSD on Tradi...

Calls for Bitcoin Price Rally Grows as $600M Enter Crypto Exchanges Reading Time: 2min read Cryptocurrency exchanges experienced a dramatic rise in stablecoin deposits in the previous 24 hours, instilling hopes that traders will use the dollar-pegged tokens to purchase Bitcoin. Data fetched by blockchain analytics platform, CryptoQuant, showed exchanges’ stablecoins reserves hitting a record high of 5.47 billion after adding $600 million in a day. The spike apprehensively coincided with a modest upside move in the Bitcoin market, wherein the BTC/USD exchange rate rose by almost 3 percent to...