Daily Pivots: (S1) 1.4322; (P) 1.4404; (R1) 1.4454; More… Intraday bias in USD/CAD remains neutral for the moment. Price actions from 1.4791 high are seen as a corrective pattern, with rebound from 1.4150 as the second leg. On the upside, break of 1.4541 will target 100% projection of 1.4150 to 1.4541 from 1.4238 at 1.4629 […]
The post USD/CAD Daily Outlook appeared first on Action Forex.
Markets In a not that distant past EMU (equity) markets often were dominated by caution/reluctance, awaiting guidance from the US. Especially risk-on moves mostly originated from the US. This isn’t how things are working out Read more…
Yesterday brought yet another escalation in the trade war. This time, Trump was reportedly totally annoyed that the Europeans responded to his 25% steel and aluminium tariffs rather than backing down and slapped 200% tariffs Read more…
In focus today Today, we will receive inflation figures for Germany, France, and Spain. These country-specific data serve as valuable indicators for next week’s euro area inflation, offering insights into the potential direction of overall Read more…