Fibonacci for a Multi-Market Trader’s Approach

Fibonacci can help traders identify support and resistance levels in equity and stock markets, similar to forex and commodities markets.

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Canadian Dollar Forecast: US Inflation Data to Trigger USD/CAD Downtrend?

The Canadian Dollar may resume its period of dominance against the US Dollar in the near term on the back of the BoC’s hawkish shift and a rebound in crude oil prices. Softer-than-expected US PCE d…

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Crude Oil Prices Look Past Suez Canal Blockage, Gold May Rise on US PCE Data

Crude oil prices weakened despite the ongoing blockage at Suez Canal amid European lockdown woes. Gold could catch a breather if the US Dollar weakens on incoming core PCE data.

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Copper Prices Sink to Two-Week Low on US Dollar Strength

Copper prices weakened as risk averse investors sought safety in the form of US Dollars as fears grew over COVID outbreaks in Europe, while tensions between the West and China continue to escalate.

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Dow Jones May Lead Hang Seng, ASX 200 Higher as the Fed Lifts Bank Dividend Restrictions

Wall Street stocks rebounded broadly as the Fed allowed banks, which can clear stress tests, to raise dividends after this June. The US Dollar rose on strong economic data. Asia-Pacific equities ar…

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