
What currencies to consider today
What currencies to consider today
A new trading week brings new opportunities…
Canada will release CPI and trade balance data on April 17, at 15:30 MT time.
Let's consider the key levels for oil and USD/CAD
Let’s consider the key events with technical setups for the upcoming days.
It's likely that the pair is going to test the nearest resistance at 1.3391. However, if a pullback from this level happens little later on...
EUR/USD and EUR/CAD are the best options for today.
CAD/JPY is sensitive to the market sentiment: if risk appetite improves, the pair will rise, while if traders become risk-averse, the pair will fall.
The economic calendar is almost empty but we will use this as an opportunity to consider currency pairs from a longer-term perspective.
AUD/CAD met resistance at the line connecting December and March highs.
There's a 'Tower' pattern, which has been confirmed, so we've got an ongoing bearish correction...
The market awaits NFP
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