Daily Pivots: (S1) 1.3876; (P) 1.3902; (R1) 1.3929; More… Intraday bias in USD/CAD stays neutral for the moment. Considering bearish divergence condition in 4H MACD, firm break of 1.3890 minor support will indicate short term topping, and turn bias back to the downside for 55 D EMA (now at 1.3725). On the upside, decisive break […]
The post USD/CAD Daily Outlook appeared first on Action Forex.
EURUSD remains poised around 1.0878 as markets brace for the outcome of the highly anticipated US presidential election. With the world watching, the direction of the major currency pair will hinge significantly on the election Read more…
Today, 5 November, the U.S. presidential election is underway, and it may serve as a significant driver of volatility for global stock markets. According to EuroNews, heightened market fluctuations are expected throughout the voting period Read more…
AUDUSD rose to one week high on Tuesday morning, after the RBA kept interest rates steady at 12-year high and kept hawkish stance on persisting upside inflation risk, although remains ready to act if economy Read more…