USDCAD reaches the MA targets and backs off
The USDCAD stretched higher and in doing so, reached the 100/200 hour MA target at 1.4385 to 1.43918 (see earlier video HERE). Sellers leaned at...
Tag : backs
US dollar bounces back as strong jobs data backs Fed rate-cut pause By Reuters
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The U.S. dollar rallied across the board on Friday after data showed the world’s largest economy created more jobs...
USDJPY moves up to swing area target and backs off. Price stays within swing area.
The USDJPY has been trading within a swing area between 157.66 and 158.86. Looking at the daily chart today, the low price came in just...
USD/CAD Price Analysis: US Data Backs a Slow Fed Easing Cycle
US job openings unexpectedly rose to 8.10 million in November. The US ISM services PMI increased to 54.1, above forecasts of 53.5. Canada’s Prime Minister...
USDCAD trades to new 2020 high but backs off. What tilts the bias back to the downside?
The USD/CAD reached a new 2024 high, climbing to its highest level since March 2020. The key upside target from that period is 1.4348, with...