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Stocks Fail to Hold Gains, But Still No Correction

Stocks Fail to Hold Gains, But Still No Correction

The U.S stock market indexes…

U.S. Dollar Bull and Bear Markets

U.S. Dollar Bull and Bear Markets

The idea of endlessly repeated…

USD/CAD - New Lower Lows Call for Further Shortterm Weakness

USD/CAD has failed to hold its hourly support at 0.9905. Further weakness towards 0.9800 is favoured.

Given the short-term oversold conditions and the significant support area near 0.9800, we would see further short-term weakness toward the 27 April low as a good opportunity to initiate a long USD position.

Daily Technical Report

 

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