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USD/CAD Forecast for This Week 11-June to 15-June

USD/CAD has been having a roller coaster week but it settled close to the previous week’s region. The Canadian dollar strengthened against the US counterpart as the trade issues arose. Till now it had been moving with full of ups and downs but what will happen next week? Trump’s Tariff policies and NAFTA negotiations both … Continue reading "USD/CAD Forecast for This Week 11-June to 15-June"

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AUD/USD Trading Alert for Profitable Trading, There is Upswing Hinted

Morning Star candlestick pattern hints at Aussie Dollar upswing ahead. Any gains likely to be corrective within a longer-term downward trend. Opportunities to add to short trade sought if upside move materializes The Australian Dollar put in a bullish Morning Star candlestick pattern after touching an 11-month low against its US counterpart, hinting a bounce may be … Continue reading "AUD/USD Trading Alert for Profitable Trading, There is Upswing Hinted"

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Downtrend is Continue for British Pound BOE Outlook

British Pound vulnerable if soft PMI cools BOE rates outlook further. ISM data unlikely to drive US Dollar volatility as FOMC looms large. Aussie Dollar shrugs off RBA, Canadian Dollar up with Crude Oil UK manufacturing PMI data headlines an otherwise quiet European data docket. It is expected to show that the pace of factory-sector activity growth … Continue reading "Downtrend is Continue for British Pound BOE Outlook"

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Daily Forex Signals: Friday Fundamental Analysis of Forex Market

Forex Market for Today! When any data is evaluated one prefers to standardize these measures by looking at the change in non-farm payrolls and number of hours worked as a year-on-year percentage change. This way it lines up with the percentage change in average hourly earnings. More importantly, it allows us to calculate total labor … Continue reading "Daily Forex Signals: Friday Fundamental Analysis of Forex Market"

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NZD/USD Technical Analysis: Indicating Lower of 2 Months

NZD/USD Technical Strategy: Short at 0.7319 New Zealand Dollar testing key help set apart by February swing base Affirmed breakdown to open the entryway for a drop to the most reduced in 2 months Incomplete benefit set up for short position after costs met the underlying target The New Zealand Dollar is constraining key help … Continue reading "NZD/USD Technical Analysis: Indicating Lower of 2 Months"

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