Our hourly chart, displays Gold about to hit it's restince level, dealing around 1930.380 US Dollars, during the current trading session, before a possible huge Pullback into it's support line around 1916.659 US Dollars. Gold hit one-week highs on Monday ahead of U.S. Federal Reserve's policy decision this week, where it is overwhelmingly expected to keep...
Will the current AUDCAD trend reach our expected prediction level? I hope so.
AUD/CAD: As the RBA show a desire to push the long end yields lower, AU/CA 10yr yields spreads have increasingly moved in favour of the Canadian Dollar and thus a continued pullback in AUD/CAD can be expected. As the cross trades at its lowest level since May following the break below 0.9290, there is little in the way of notable support until the 200DMA situated...