USD/CAD : falls after jobs report but runs into wall of USD buying
Ichimoku Kinko Hyo CAD/JPY: The pair is trading above the cloud…
EUR/USD fell below 1.1690
Information is not investment advice
Ichimoku Kinko Hyo
GBP/JPY: The GBP/JPY pair has just breached the cloud and confirmed a new bearish outlook. Further bearish momentum will push prices into lower ground.
European Market View
- EUR/USD currently below 1.1650. Everyone is waiting for the results of the US elections, and the direction of the EUR/USD will be determined them.
- In regards to the FOMC on Wednesday traders should not expect too much as the meeting falls too closely to the election.
- Elsewhere, USD/TRY continues to climb to new highs. The Turkish lira has lost 29% since the beginning of the year being the second worst performing currency after the Brazilian Real.
Elizabeth Belugina
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