EURCAD

Intraday Market Analysis – Gold Struggles To Find Floor

XAUUSD stumbles below major supports Gold dips as the US dollar strengthens ahead of this week’s FOMC. The price has once again met strong selling pressure at the psychological level of 1900. The fall below 1870 then 1855 may have intensified the momentum as buyers […]

The Markets in Waves: GBPUSD, USDJPY, GOLD, SILVER, EURJPY!

In today’s video, our Head of Investment Research Stavros Tousios dives into the top Elliott Wave opportunities the markets have in store for us. Asset TimeStamps are as follows: GBPUSD 00:40 USDJPY 04:00 GOLD 07:50​​​​​​​​​​​​ SILVER 10:30 EURJPY 13:30 Did you know that our average […]

UK ILO Unemployment: Pound Set To Decline?

Heading into the G7 meeting over the weekend, analysts were expecting some kind of breakthrough on the Northern Ireland issue. The venue in the UK and the presence of the major players, plus President Biden’s public pressure on Johnson, were seen as a potential catalyst […]

DXY Corrective Trend to Continue?

The current DXY formation hints at the construction of a corrective wave IV of the cycle degree. Wave IV could take a complex formation of the primary triple Ⓦ-Ⓧ-Ⓨ-Ⓧ-Ⓩ zigzag. The primary intervening wave Ⓧ has ended, which took the form of a triple zigzag […]

StockWatch: Data Breaches Rumble On

Electronic Arts and McDonald’s have been hacked and had data stolen. An EA spokesperson stated that they are investigating a recent incident of intrusion on the network. McDonald’s said that a small number of files were accessed in Korea and Taiwan and affected its operations […]

The Market in Waves: DXY, EURUSD, USOIL, GOLD, USDCAD!

In today’s video, our Head of Investment Research Stavros Tousios dives into the top Elliott Wave opportunities the markets have in store for us. Asset TimeStamps are as follows: DXY 00:55 EURUSD 03:50 USOIL 06:50​​​​​​​​​​​​ GOLD 10:40 USDCAD 13:20 Test your strategy on how the […]

Intraday Market Analysis – USD Walks On Thin Ice

USDJPY enters supply area The US dollar struggles to bounce higher as high inflation seems temporary. The previous sell-off below the demand area near 109.80 has spoiled the recovery mood. The former support has turned into a resistance and so far capped the greenback’s advance. […]

What Could be Market Moving From the G7 Meeting?

When the leaders of the seven countries that represent 46% of the global GDP get together to negotiate policies and issue statements on trade, it’s inevitable that there will be some impact on the markets. Some of it might be right away, some overtime. This […]

The Week Ahead – Inflation From Supply Shortages Could Well Be Transitory

SPX 500 rises as inflation seems transitory The S&P 500 broke to a new high as investors make sense of hotter-than-expected inflation. A closer look at consumer prices reveals that the surge comes mainly from commodities and travel. This reopening effect is due to supply […]

Podcast – Inflation too hot to handle!

As we close out Q2, there have been a lot of concerns with inflation and whether it is running hot. Are traders more concerned about Fed tapering, or about the actual expectations of inflation itself? Join David and Daniel as they discuss if this will […]