Current market conditions may keep USD/CAD under pressure as the crowding behavior in the US Dollar persists.

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Current market conditions may keep USD/CAD under pressure as the crowding behavior in the US Dollar persists.

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AUD/NZD has crossed a key technical threshold after being rejected by descending resistance for five years. Technology stocks continue to suffer amid growing US-China tension.

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The price of Bitcoin may continue to rise if selling pressure in the US Dollar continues to swell in an environment supportive of risk appetite.

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The S&P 500 index is set to challenge a key resistance at 3,360 – the 200% Fibonacci extension level. The Hang Seng Index looks for support at around 24,400.

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