GBP/USD is trading above the key pivot point level. Further bullish momentum will trigger the market to 1.2940.
Tag - cad - canadian dollar
US stocks are seen opening mixed Tuesday, with the tech sector outperforming ahead of important news from Apple and Amazon, while investors also wait for earnings from the key banking sector.
USD/CAD has been falling for a long rime. Has it hit the bottom?
Asian equity markets were lower across the board amid strong headwinds from Wall Street where the tech rout intensified on return from the long weekend.
GBP/CAD keeps falling to the downside amid fears over the no-Brexit deal. According to JPMorgan, the pair will continue dipping throughout the whole of September.
Ichimoku Kinko Hyo NZD/JPY: The NZD/JPY pair is now testing the upper level of the cloud…
The US dollar keeps falling for the third day in a row, whereas riskier assets are rising. Let’s discuss the main market events and analyze the charts.
The US dollar keeps strengthening due to the fresh Covid-19 outbreaks in some parts of the world. By the way, the US NFP report will be out already this Friday!
Traders await the US inflation data, oil's dealing with OPEC+ uncertainty, the earnings season starts in America, while New Zealand's and Canada's central banks will set policy.
Oil prices surged Wednesday, with a sharp fall in US crude stockpiles adding to increased optimism the reopening drives in Europe and the US will boost overall fuel demand.
Ichimoku Kinko Hyo NZD/JPY: The pair is trading above the cloud…
USD/CAD mas managed to leave the range. The pair is now targeting higher levels.