USDCAD- Flag?


$USDCAD- Flag?
Currently we are at 1.2222 in a bear flag which is bearish. We are looking for a flag break and then a continuation to the 1.270 Fibo support area @ 1.2122 with an overall target @ 1.2013. The average daily true range (ATR) for the pair currently is 139 pips.
usdcad

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EUR/USD hovers near 1.0700 ahead of US data

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EUR/USD struggles to build on Wednesday's gains and fluctuates in a tight channel near 1.0700 on Thursday. The US Dollar holds its ground following the Fed-inspired decline as market focus shifts to mid-tier US data releases.

EUR/USD News

GBP/USD holds steady above 1.2500 following Wednesday's rebound

GBP/USD holds steady above 1.2500 following Wednesday's rebound

GBP/USD stays in a consolidation phase slightly above 1.2500 on Thursday after closing in the green on Wednesday. A mixed market mood caps the GBP/USD upside ahead of Unit Labor Costs and Jobless Claims data from the US.

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Gold price pulls back as market sentiment improves

Gold price pulls back as market sentiment improves

The Gold price is trading in the $2,310s on Thursday after retracing about three-tenths of a percent on reduced safe-haven demand. Market sentiment is overall positive as Asian stocks on balance closed higher and Oil prices hover at seven-week lows. 

Gold News

Top 3 Price Prediction BTC, ETH, XRP: Altcoins to pump once BTC bottoms out, slow grind up for now

Top 3 Price Prediction BTC, ETH, XRP: Altcoins to pump once BTC bottoms out, slow grind up for now

Bitcoin reclaiming above $59,200 would hint that BTC has already bottomed out, setting the tone for a run north. Ethereum holding above $2,900 keeps a bullish reversal pattern viable despite falling momentum. Ripple coils up for a move north as XRP bulls defend $0.5000.

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Happy Apple day

Happy Apple day

Apple is due to report Q1 results today after the bell. Expectations are soft given that Apple’s Chinese business got a major hit in Q1 as competitors increased their market share against the giant Apple. 

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