- Today's chart shows a spinning top candlestick with a double top on USD/CAD. Sign of possible reversal or simply major correction.
- DXY touched major psychological resistance at 100.
- Oil seems to be bottoming.
European leaders, Draghi, Merkel and Lagarde had positive comments about Eurozone recovery. They are very optimistic, "Confident on growth".
- Poloz sees no further rate cuts from BOC.
- DXY touched major psychological resistance at 100.
- Oil seems to be bottoming.
European leaders, Draghi, Merkel and Lagarde had positive comments about Eurozone recovery. They are very optimistic, "Confident on growth".
- Poloz sees no further rate cuts from BOC.