Daily Pivots: (S1) 1.3242; (P) 1.3274; (R1) 1.3289; Focus is now on 1.3259 resistance turn support in USD/CAD. Sustained break will indicate completion of rebound from 1.2994. Intraday bias will be turned back to the downside for retesting this low. On the upside, break of 1.3418 will resume the reb

What a rather tumultuous time in the US, with President Trump and the First Lady being diagnosed with Covid, and less than a month to the US Presidential Election!Care to share any of your thoughts on how the USD would perform in the next few weeks?Here are some comments from a poll conducted by Reu

Daily Pivots: (S1) 0.9185; (P) 0.9202; (R1) 0.9223; Intraday bias in USD/CHF remains on the downside for the moment. Corrective rebound from 0.8998 has completed with three waves up to 0.9304. Further fall should be seen for retesting 0.8998 low. On the upside, break of 0.9218 minor resistance will

Keep watch for ECB President’s address today (Tuesday) at 1pm, GMT. There are opinions that the president might prepare the market for a boost to the ECB’s bond buying programme later this month. A dovish sentiment from the president could pull back the EUR/USD pair to the September lows of $1.1610…

Dollar and Yen remain generally weak today with main focuses on coronavirus infections news. It’s still unsure if US President Donald Trump could be discharged form hospital today, but news regarding his coronavirus is so far positive. European Commission President Ursula von der Leyen had been test