
Several indicators for the American economy, consumer reports for the UK and Japan, European business confidence and the Canadian monthly GDP growth rate are expected this week.
Several indicators for the American economy, consumer reports for the UK and Japan, European business confidence and the Canadian monthly GDP growth rate are expected this week.
GBP/CAD met resistance ahead of 1.7285 and formed a “shooting star” on the weekly chart.
EURUSD is to confirm the upward trend, USDCAD is preparing for the pressure down, and GBPUSD is in a sideways movement
GBP/CAD has broken above the ascending triangle, which is now providing support in the 1.7100/1.7060 area.
Traders worry that the US-China trade deal will take place only next year. Watch the video to see how this affects the major currency pairs!
EUR/CAD has formed a couple of higher lows since October. The pair has managed to overcome the 50- and the 100-day MAs at 1.4588 and 1.4640 respectively.
Market players keep worrying about the US-China trade deal. Watch the video to discover the outlook for the major currency pairs!
The US dollar is under pressure down, the Canadian dollar is in the correction.
USD/CAD formed a “gravestone doji” candlestick on the W1 ahead of the 50-week MA (1.3280). Learn more!
The monetary policy statements by different major banks will be released, while we are awaiting more details regarding the US-China phase one trade deal.
The Canadian year-on-year inflation rate will be released at 15:30 MT time on November 20.
If you want to know all the important highlights of the market, watch this video!
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Don’t waste your time – keep track of how NFP affects the US dollar and profit!