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USD/CAD Negates Pennant Formation Ahead of Canada Employment Report

Apr 09, 2020

USD/CAD consolidates ahead of Canada’s Employment report and the exchange rate may continue to face range bound conditions going into the Easter holiday as it fails to track the pennant formation carried over from the previous month

US Dollar Technical Outlook: USD/SGD, USD/PHP, USD/MYR, USD/IDR

Apr 09, 2020

The US Dollar broadly weakened against ASEAN currencies such as the Singapore Dollar, Philippine Peso, Malaysian Ringgit and Indonesian Rupiah over the past 5 trading days.

USD/CAD Forecast: Canadian Dollar Eyes Jobs Data, Oil & OPEC

Apr 09, 2020

The Canadian Dollar has rebounded ahead of an OPEC meeting and expected crude oil production cuts

NZD/USD Price Analysis: Multi-day-old resistance trendline guards immediate upside

Apr 09, 2020

Having surged for three consecutive days, NZD/USD seesaws around short-term resistance line while trading near 0.6010 amid the early Thursday

USD/MXN: Mexican Peso`s 90-day correlation with oil is strongest in four years

Apr 09, 2020

With markets worried about global growth, the correlation is likely to remain strong in the near term

AUD/JPY Price Analysis: Steps back from rising wedge resistance after RBA’s FSR

Apr 09, 2020

With the RBA’s Financial Stability Review (FSR) citing downside risks, AUD/JPY drops from the short-term rising trend line to the intraday low of 67.64, currently around 67.78, during the early Thursday.

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