Posts

Chart of the Day -USDCAD- (May 29th 2019)

The USDCAD rallied above the 1.3500 level following the BOC rate decision, and the pair looks to have broke out.

Crude Oil: Bullish Now Or Reversal Coming?

Macro Perspective:

Oil went into free fall in mid-2014, experiencing a relentless bear move which saw oil price drop by over 70%. US shale producers turned out to be the tipping point in terms of the global supply glut. This, combined with a decrease in global demand, proved to be an unstoppable force that lasted for over a year.

 

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2018 – The Year Ahead

2018 is nearly upon us and the past year was certainly full of interesting events. Potentially dangerous political events in the EU – such as the French & German elections and the Catalan independence referendum – were safely navigated.

This Week’s Harmonics Preview by Nicola Duke

Watch this comprehensive preview from Nicola Duke preparing you for what is coming ahead this week using her unique Harmonics approach and mesmerizing voice. 

Is the CAD set to surprise to the upside?

Canada is an important G7 country with a quite particular economy. It’s a net exporter of energy and tends to be viewed by the market as an oil-dependent economy. As oil started to plunge in late 2014, the Canadian Dollar followed suit and weakened substantially – vs the USD it climbed from roughly parity to […]