Canadian Dollar Price Chart: USD/CAD Breakdown Plummets into Support

The Canadian Dollar has already covered the entire August range after USD/CAD reversed sharply from key resistance last week. The decline is now testing initial support and while the US Dollar could see some near-term recovery, the broader outlook remains weighted to the downside. These are the updated targets and invalidation levels that matter on […]

Gold Price and Silver Outlook: Will First Levels of Support Maintain?

Gold Price & Silver Technical Outlook: Gold pulling back into channel support from long-term resistance Silver undergoing sharp correction, at steep line of trend support For an intermediate-term fundamental and technical viewpoint, see the Q3 Gold Forecast. Gold pulling back into channel support from long-term resistance The long-term resistance zone from around 1522 up to […]

Bitcoin Price Outlook: BTC/USD Eyes a Test of the Monthly Support

Bitcoin Price Forecast BTC/USD charts and analysis. Check out our Q3 USD and Gold forecasts . Download for free main currencies and commodities trading guides. BTC/USD – Hesitant Sellers On August 6, Bitcoin rallied to 12,318 however, the price slipped back after, then settled below 12,000 handle. This week, BTC/USD traded lower and tested yesterday […]

Dow Jones Hammered From Resistance, Watch Trend Support

Dow Jones Technical Outlook: Dow sells off from top-side trend-line of long-term pattern Room to go before trend-line support is met See how the quarterly forecast has played out what it could mean for the big-picture – Q2 Equity Markets Forecast. Dow sells off from top-side trend-line of long-term pattern The Dow was treading water […]

EURUSD Technical Evaluation: Breakdown Eyes Support Below 1.10

EURUSD TECHNICAL ANALYSIS: BEARISH Euro resolves conflicted chart setup with decisive support break Clearing resistance near 1.12 needed to neutralize bearish bias Monthly chart setting the stage to test supports below 1.10, 1.05 See the latest Euro technical and fundamental forecast to find out what will drive prices in Q3! The Euro appears to have […]
EUR Breaks Assist, Boris Johnson Wins Tory Contest, CAD Extends Bearish Turn - US Market Open

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