In this video, Anish breaks down a few markets following yesterday’s key CPI print from the US at 5%.

Saw an interesting whipsaw move in Gold, which attracted buyers pretty fast around the $1870 an ounce mark and since has pushed back towards $1900, with bulls looking to make higher grounds on more inflation expectations.

What’s more interesting is how the relationship between the recent Crude oi rally and Canadian Dollar strength has broken down, which has led other commodity positive currencies, such as the Aussie to benefit. Here we look at the weekly support on AUD/CAD, which shows potential for a reversal.

Happy Friday Trading and do let us know what you thought of this video in the comments below.