Canadian Dollar: USD/CAD (CAD=X) Bulls Seem Deceptive After Trendline Breakdown

Canadian Dollar: USD/CAD (CAD=X) Bulls Seem Deceptive After Trendline Breakdown USDCAD closed out 2019 on the defensive and made a crucial weekly/monthly close below long-term support zone of (1.2950 – 1.3165) drawn off the 2015-17 support zone for the USD on the longer run charts. Although the pair has been attempting show some minor rallies from last 2-3…

United States Oil (USO) prices sink after roller-coaster ride amid U.S.-Iran tensions

United States Oil (USO) prices sink after roller-coaster ride amid U.S.-Iran tensions Oil prices plunged over 4 percent on Wednesday after a roller-coaster ride as market participants assessed the possibility of a global crude supply disruption by monitoring the latest development of U.S.-Iran tensions. The United States killed Major General Qassem Soleimani, commander of Iran’s…