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Market Overview - Page 611


A beat on US NFP data spurs markets higher despite trade tensions
A beat on US NFP data spurs markets higher despite trade tensions.

The new week begins much the same as the old one ended, with markets in risk on mode, equities markets higher, while gold moved down. The USD is weaker against all currencies expect the yen. The mood is mainly positive.

FxPro Forex Analysis: USDCAD and AUDUSD Analysis
FxPro Forex Analysis: USDCAD and AUDUSD Analysis.

The USDCAD pair has returned to the previously broken red trend line and is consolidating in the area around 1.28363. A break higher targets today’s high at 1.28641, followed by 1.28940 and the area of resistance containing the recent highs,.

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