NZD/CAD Exchange rate
Editors’ Picks
AUD/USD: Bulls lack upside conviction at daily resistance
AUD/USD meets critical resistance at a confluence of structure and a 38.2% Fibo. AUD/USD is lacking momentum on the upside which makes for a compelling case for the downside at this juncture. Bears eye a downside opportunity at this juncture.
EUR/USD hovers around 1.1900, a 100 pips run in the cards
EUR/USD managed to post a modest intraday advance on a dull Monday, retaining its positive stance.
Gold: Bears ready to pounce following key break of support
XAU/USD bears are lurking at a critical level of resistance. Gold is correcting from a significant area of support as pressures mount in general and the focus can be on an optimal shorting point as price meets a significant area of confluence.
ETH awaits imminent jump to $2,400 if key level cracks
Ethereum price hit a new all-time high at $2,203 on April 12 but seems to have formed a robust resistance trendline. However, most on-chain metrics show that ETH is bound for a significant leg up.
Equity rally at risk ahead of CPI & earnings
After a good week, equities are looking a little more hesitant today, with caution prevailing as markets await the start of US earnings season.