Bank of Canada’s Interest Rate Decision Will be a Tough Call

S&P 500 index reversed from support zone Likely to rise to resistance level 6000.00 S&P 500 index recently reversed up from the pivotal support level 5850.00 (former multi-day resistance from October). The support level 5850.00 was further strengthened by the lower daily Bollinger Band, support trendline from August and the 50% Fibonacci correction of the […]

Gold price rallied above $2,180 before correcting lower. Crude oil price is rising and it could climb further higher toward the $82 resistance. Important Takeaways for Gold and Oil Prices Analysis Today Gold price failed to clear the $2,200 resistance and corrected lower against the US Dollar. A key bearish trend line is forming with […]

Summary United States: It Felt Like Much Longer than a Week It was a week of contradiction, where just when things looked like they were going badly, some mitigating factor offset a prior concern. By Friday, it felt more like survival than victory. The takeaways include an improving backdrop for manufacturing and construction, a little […]