The Week Ahead – Return of the Dollar – Orbex Forex Trading Blog

CAD/CHF just bounced from a major support zone! Will the area continue to drive away Loonie sellers? Or will the 4th time be the charm for the bears? CAD/CHF 4-hour Forex Chart Faster with TradingView The Canadian dollar picked up some pips on Wednesday after the Bank of Canada kept policy unchanged, as expected. That…

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In this Elliott Wave update, we look at the latest price action in Advanced Micro Devices Inc. ($AMD). The stock extended lower into the short-term blue box area at 312.17–296.13 and ended the cycle from the 4/27 peak. As expected, buyers appeared in that zone and triggered a reaction higher. Therefore, longs from the blue…

Today marked another bizarre session in Markets, with Oil exploding to new highs without a broader risk-off move. It seems that positioning for this weekend’s action is amassing around the Energy commodity, which is weighing on the Stock Markets, with most global Indices red on the session. European Equities have led to the downside after…

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