The general weakness in the USD has created a few potential trends. The USD/CAD has been selling off for the past 12 months and continues the decline with this setup on the Daily/Weekly chart. In this week’s Technical Insights, the price sets in and around the sell zone with the appropriate bearish candles indicating both his risk and profit target just ahead of the support level. CMC Markets is a global leader in online trading, offering CFD and FX trading. Learn how to trade CFDs with our...
Michael looks back at this week's price action, and the surprise fall in bond yields after the bumper economic announcements from the US. He also looks ahead ......