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  • WTI oil is consolidating under new 2023 high, on track for a quarterly gains of nearly 30%
  • AUDUSD – recovery accelerates on month / quarter end profit taking
  • Gold is trading at six-month low after losing 3% in past four sessions
  • Dollar index – partial profit-taking seen as positioning for fresh advance
  • EURGBP lost ground after multiple rejection under key 200DMA barrier
  • USDJPY -psychological 150 barrier under increased pressure
  • EURUSD – further weakness expected after limited consolidation
  • Gold extends steep fall below $1900
  • Crude oil prices rise on dominating supply factor
  • EURGBP in extended sideways mode and looks for fresh direction signal

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Market News

Breaking: Canada’s Apr GDP -11.6% vs expected -13.0%

Slobodan Drvenica Jun 30, 2020
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Market News

Breaking: Canada’s Mar GDP -7.2% vs -9% forecasted

Slobodan Drvenica May 29, 2020
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Uncategorized

Breaking: Canada March retail sales -10%, in line with expectations, sharply down from 0.4% previous…

Slobodan Drvenica May 22, 2020
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Market News

Breaking: Canada lost 1 million jobs in March, Unemployment rose to 7.8%

Slobodan Drvenica Apr 9, 2020
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Market News

Breaking: Bank of Canada cuts key policy rate by 50 basis points to 0.25%

Slobodan Drvenica Mar 27, 2020
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Technical Outlook

Loonie extends advance as Canada’s inflation rose in line with expectations

Slobodan Drvenica Dec 18, 2019
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Technical Outlook

Loonie extends recovery after solid Canada’s retail sales data

Slobodan Drvenica Nov 22, 2019
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Technical Outlook

Loonie falls further on downbeat Canada’s employment / housing data

Slobodan Drvenica Nov 8, 2019
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Technical Outlook

Loonie falls sharply after dovish BOC and solid US data. All eyes now on Fed

Slobodan Drvenica Oct 30, 2019
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Technical Outlook

Strong bearish signal expected on close below daily cloud / Fibo support at 1.3163/55

Slobodan Drvenica Sep 10, 2019
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Lastest Posts
  • WTI oil is consolidating under new 2023 high, on track for a quarterly gains of nearly 30%
  • AUDUSD – recovery accelerates on month / quarter end profit taking
  • Gold is trading at six-month low after losing 3% in past four sessions
  • Dollar index – partial profit-taking seen as positioning for fresh advance
  • EURGBP lost ground after multiple rejection under key 200DMA barrier

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