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USDCAD returns above 20-day EMA and familiar constraining line Technical signals cannot warrant a meaningful rally September’s US nonfarm payrolls due at 12:30 GMT USDCAD continued its upward movement from a seven-month low of 1.3418, surpassing its 20-day exponential moving average (EMA) and the constraining ascending line from the 2021 low. The range of 1.3580-1.3620, which […]

The post USDCAD Holds on Recovery Action as NFP Report Awaited appeared first on Action Forex.

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25/06/2024

Gold Reverses Back Below 50-day SMA

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Chinese and Japanese Officials Started Offensive to Prevent Further Currency Losses

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