AUD/CAD is rapidly moving toward parity as multiple macro forces suddenly align in favor of the Aussie at the same time. The shift from Middle East war fears toward peace optimism is simultaneously boosting risk appetite globally while pressuring oil prices lower—a rare combination that strongly favors AUD over CAD. The market narrative changed dramatically […]
The post AUD/CAD Targeting Parity as Peace Optimism, Falling Oil and RBA-BoC Divergence Align appeared first on ActionForex.
Daily Pivots: (S1) 210.82; (P) 212.53; (R1) 214.30; More… Intraday bias in GBP/JPY stays neutral at this point. Further decline is expected as long as 214.21 holds. Below 210.43 will target 209.58 support first. Break Read more…
Daily Pivots: (S1) 182.17; (P) 183.61; (R1) 185.16; More… Intraday bias in EUR/JPY is turned neutral first, and risk will stay on the downside as long as 185.02 resistance holds. Break of 182.01 will resume Read more…
Daily Pivots: (S1) 0.8627; (P) 0.8639; (R1) 0.8657; More… Range trading continues in EUR/GBP and intraday bias remains neutral. Further fall is expected with 0.8652 support turned resistance intact. . On the downside, decisive break Read more…