The employment data in the form of ADP employment, Initial jobless claims and Unit Labor costs show a mixed picture ahead of the US jobs report tomorrow |
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The 200 day MA and key resistance area looms on the topside for USDCHF traders. .
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A technical look at both the AUDUSD and the NZDUSD
2024-07-24
The stocks are getting hammered. The USDJPY tumbles. The Bank of Canada cuts rates. The EURUSD waffles and tries to rally. What next?
2024-05-16
The 38.2-50% retracement of the move higher yesterday held support, but MAs on the 5 minute chart also stalled the bounce higher. Traders are battling it out.
2024-05-14
The trading range between 1.3628 and 1.3692 is confining the ups and downs in the USDCAD.
2024-05-13
Buyera are making a play on the break back above the 50%. Can the buyers keep control above that key level?
2024-05-09
Bias shifts more to the downside on the break of MA levels in the USDCAD pair.
2024-05-08
The sellers lean against the high of a swing area at 0.9095
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