The 100 bps of Fed cuts and the resumption of QE in the US will put focus back on the Bank of Canada. There is no indication that the BoC will feel pr
Gold Price Analysis: Eyeing $1,521, then $1,535 after Fed announced open-ended QE – Confluence Detector
Gold has recaptured the $1,500 level after the Federal Reserve announced an open-ended Quantitative Easing program – flooding markets with cash, as mu
EUR/USD New York Price Forecast: Euro off 37-month lows as Fed announces open-ended bond-buying operation
After an above-average decline, EUR/USD is bouncing from 37-month lows as the Fed announced TALF, a new aggressive action to confront disruptions. The US dolla
AUD/USD jumps above 0.5800 as USD weakens on Fed's expansion of QE
The AUD/USD pair gained traction in the last hour and added more than 100 pips as the USD came under heavy selling pressure on the Federal Reserve's a
(23 March 2020)Gold spot ($) Intraday support around 1479.00.
<p> </p> <p>Pivot</p> <p> (invalidation): 1479.00 </p> <p>Our preference</p> <p>Long positions above 1479.00 with targets at 1511.00 & 1523.00 in extension.</p>
(23 March 2020)Silver spot ($) Rebound expected.
<p>Pivot</p> <p> (invalidation): 12.3100 </p> <p>Our preference</p> <p>Long positions above 12.3100 with targets at 12.7800 & 13.0100 in extension.</p> <p>Alternative scenario</p>
(23 March 2020)Crude Oil (WTI) Key resistance at 23.80.
<p>Pivot</p> <p> (invalidation): 23.80 </p> <p>Our preference</p> <p>Short positions below 23.80 with targets at 21.70 & 20.50 in extension.</p> <p>Alternative scenario</p>
(23 March 2020)DAILY MARKET BRIEF 1:Stocks heading lower as Corona spreads
<p>Global equities continue falling into a bottomless pit as the coronavirus death toll rises, bringing along more travel restrictions and lockdowns across the globe. And it appears that the colossal support packages mobilized by central banks and governments won’t suffice to better the investor mood, if we don’t see a worldwide peak in coron
(23 March 2020)DAILY MARKET BRIEF 2:Gold hovers around the 1500 mark
<p>Due this week, the PMI figures should give a first assessment of the economic toll following a widespread lockdown in Europe since the coronavirus outbreak took over the old continent. The data will likely print the sharpest weekly declines on record, with both the manufacturing and services PMI are seen below 40 across the Euro […]
Natural Gas Roll Date – April 2020
<p>Friday, March 27th, marks the Last Trade Date for the April 2020 Natural Gas futures contract. Active NG traders can roll to the May contract as early as Tuesday, March 24th, before the open. Standard trade execution fees & commissions apply. For up-to-date information on contract expirations, roll dates, news announcements & mor