Daily Pivots: (S1) 1.4091; (P) 1.4116; (R1) 1.4141; More… Intraday bias in USD/CAD remains neutral and more consolidations could be seen below 1.4139 temporary top. On the upside break of 1.4139 will resume larger rally from 1.3538 to 100% projection of 1.3725 to 1.4078 from 1.3886 at 1.4239. However, sustained break of 55 4H EMA […]
The post USD/CAD Daily Outlook appeared first on Action Forex.
Daily Pivots: (S1) 1.4092; (P) 1.4116; (R1) 1.4134; More… Intraday bias in USD/CAD remains neutral and more consolidations could be seen below 1.4139 temporary top. On the upside break of 1.4139 will resume larger rally from 1.3538 to 100% projection of 1.3725 to 1.4078 from 1.3886 at 1.4239. However, sustained break of 55 4H EMA […]
The post USD/CAD Daily Outlook appeared first on Action Forex.
Daily Pivots: (S1) 1.4092; (P) 1.4116; (R1) 1.4134; More… Intraday bias in USD/CAD remains neutral and more consolidations could be seen below 1.4139 temporary top. On the upside break of 1.4139 will resume larger rally from 1.3538 to 100% projection of 1.3725 to 1.4078 from 1.3886 at 1.4239. However, sustained break of 55 4H EMA […]
The post USD/CAD Daily Outlook appeared first on Action Forex.
Global markets turned defensive again as risk aversion returned, led by a renewed wave of selling in technology shares. The U.S. tech rout, which rattled Wall Street overnight, spread to Asia, triggering broad weakness across regional equity markets. Japan was hit especially hard, with SoftBank and semiconductor names leading the decline. Traders noted growing anxiety […]
The post Risk-Off Reigns: Tech Selloff, China Trade Miss, and U.S. Layoffs Hit Sentiment appeared first on Action Forex.
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