EUR/NZD formed a number of candlesticks with long lower wicks on the D1 - a sign that there’s demand for the euro around 1.7300.
Tag - eur
The USD and the EUR rising against the CAD; the NZD/JPY testing the support level.
The US got a boost from positive US economic figures and optimism about the potential US-China trade deal. Learn more!
While the market is boosted by the optimism concerning the US-China trade deal, we are awaiting the Canadian and New Zealand's data.
Check the short-term fundamental and technical outlook for the major currency pairs!…
Find out what awaits the major currencies this month: Brexit, trade war, central bank meetings and more.
Will this week be optimistic for the markets?
EUR/CAD strengthened last week but ran into the resistance of the 100-day MA around 1.4675.
This week we will see two rate statements by the major central banks, no changes in the interest rate are expected. Read more...
Quiet Monday on the Forex market
Market sentiment is positive, the USD remains under pressure, and the EUR awaits the speech of the new ECB president Christine Lagarde. Learn more about this and other trends in the currency market!
The main focus for today will be on the American jobs data at 14:30 MT.