The Canadian Dollar (CAD) is set to react to official employment data, with market expectations indicating a slowdown in hiring for December. Analysts predict job additions to decline to 25K from the previous 50.5K, while the Unemployment Rate is...
USDCAD Daily Time Chart Analysis The daily chart of the USDCAD currency pair shows a strong uptrend, and the current trading price on the Ichimoku Cloud shows strong momentum. The market is making higher highs and lower lows, confirming the...
The situation for risky currencies, including the AUD/USD pair, is evolving, and I believe the current technical picture suggests a bearish outlook. I observe that the AUD/USD pair has been under significant selling pressure over the past four days,...
On the daily chart of this currency pair AUDUSD, you can see how, since beginning the current February, the price has made a dip downwards, with a price gap, and updated the minimum of the previous January. A bullish divergence has formed on the...
NZDUSD Daily Forecast The NZD/USD pair is showing signs of weakness and is currently trading at 0.5643. Looking at the charts, the currency pair is in a long-term downtrend and is struggling to maintain a clear uptrend. Although there has been some...
