The poor Canadian data in combination with the positive US report should push USD/CAD to the upside. Jump in for technical analysis!
Daily Market Analysis
Some analysts believe that there is more room for the US dollar to fall further. According to AG Bisset Associates, the USD will plummet by 36% against the euro. It’s hard to believe right now amid the stronger greenback, but let’s discuss why it’s possible.
It's non-farm Friday. Today's U.S. jobs report could deliver the last positive print before losses strike again. Fresh analysis of USD/CAD, AUD/USD and GBP/JPY!
According to economists from Danske Bank, the euro is still overvalued. They see the fair price at 1.16. Let’s see why.
The tech rally is cooling and weekly jobless claims fueled worries about the US labor market. Read the article for analysis of EUR/GBP, EUR/USD and EUR/JPY!
Watch out GBP/USD at 17:00 MT time as both the BoE speech and US PMI will be out.
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Gold had to rise above $2 000 after the poor ADP report, but it didn’t. Here are 3 main resistance levels to watch out.
The SP500 climbed 0.6% while Nasdaq futures advanced 1%. Here are trading ideas for USD/JPY, EUR/JPY and GBP/JPY.
Oil prices are steadily growing as crude stockpiles have been declining for six weeks.
Jump in for fresh ideas for USD/CHF, EUR/USD and USD/JPY!
GBP/USD is climbing upward. The break out above 1.3500 will drive the pair to multi-year highs.