USD/CAD Post-Fed Pullback at Risk as RSI Recovers From Oversold Zone

USD/CAD may stage a near-term correction over the coming days as the Relative Strength Index (RSI) appears to be bouncing back from oversold territory.

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DAX 30, EU Stoxx 50 May Rise as Investors Await Vaccine Approval

The benchmark DAX 30 and EU Stoxx 50 index may continue to push higher in the near term. However, the elongated wait for vaccine approval may begin to gnaw at market sentiment.

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Crude Oil Nears Resistance, Gold Up on Fed. BoE, Moderna Vaccine Approval Next

Crude Oil prices face resistance after EIA stockpiles shrank as the Fed propelled gold prices before the BoE. WTI and XAU/USD are eyeing US jobless claims and Moderna’s likely vaccine approval.

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Japanese Yen Technical Forecast: JPY Index, AUD/JPY, CHF/JPY Chart Levels

The Japanese Yen is at key technical levels against the Australian Dollar and Swiss Franc. Moreover, when equally weighted against its major counterparts, the Yen is set for a technical breakout fr…

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