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USDCAD stays on the sidelines ahead of November’s jobs data Bearish pressures likely but sellers need a close below 1.4000 USDCAD is currently treading water, caught in a neutral symmetrical triangle at the top of the two-month-old uptrend as traders are holding their breath ahead of the release of key U.S. and Canadian jobs data. The technical […]

The post USDCAD Battles for Direction Within Triangle appeared first on Action Forex.

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17/01/2024

Technical Outlook and Review

DXY: The DXY (US Dollar Index) chart currently exhibits an overall bullish momentum. In this context, there is a potential scenario for price to make a bullish continuation towards the 1st resistance. The 1st resistance level at 103.50 is identified as a pullback resistance that aligns with the 78.60% Fibonacci retracement level. Higher up, the […]
05/03/2024

Bitcoin Resumes Rally After Mild Consolidation, Record High in Focus

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20/03/2024

EURGBP Struggles to Surpass 23.6% Fibo

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