USD/CAD has broken through the support line which it has tested twice in the past. We have seen it retrace from this line before, so one should wait for confirmation of the breakout before trading. If this new trend persists, a target level of around 1.3535 may materialize within the next 2 days.
ARTÍCULOS RELACIONADOS
We expect a $150 movement on GBPUSD within the next 4 hours.
Based on past Japan Consumer Confidence news events there is a 75% chance of GBPUSD trending upwards. We…
EUR/USD experienced a very large 18 hours bullish move to 1.0717
EUR/USD hits 1.0717 after a 0.61% move spanning 18 hours.
We expect AUDUSD to trend upwards for the next 12 hours.
Based on the last 12 Balance of Trade events in Australia, we could see a $360 movement on…