Forexmajor
USDCAD Today PredictionThe price will go up to around 1.34951, if the price can break the resistance, it will go up to 1.35846 or more
this just my prediction, i will not share my analysis here at this time
Dont worry, sometimes I share a complete analysis along with an explanation, it's a shame I can't share it in every post!
Say tune buddy!
USD/CHF Signal - USD Redbook Index - 31 Aug 2021USDCHF has traded into trendline resistance prior to the USD Redbook Index Data, which is a sales weighted year-over-year same-store sales growth in a sample of large US general merchandise retailers representing about 9.000 stores. Technically the pair has rebounded from support and the USD is currently quite choppy. We anticipate downwards pressure from here.
Dollar Index on 1D Chart (Aug, 18th) "The US dollar index extended its upward momentum to, close to levels not seen since the end of March benefiting from a safe-haven bid on fears that a surge in infections of the Delta variant could derail the global recovery and a batch of mixed economic data.
Retail sales in the US declined more than forecast in July, with the core index also posting an unexpected drop while industrial production rose for a fifth consecutive month.
Also, US homebuilder confidence sank to over a one-year low as home prices surge.
Meanwhile, investors await more clarity from the Fed on the tapering timeline with FOMC minutes due on Wednesday."
AUD/USD Weekly Analysis (3rd week of July,2021)Asia-Pacific markets face a shaky open to the week after Australia tightened lockdown measures in Sydney, the country’s most populated city, over the weekend. The New South Wales (NSW) capital city saw a range of added restrictions since Friday, including a shutdown of non-essential retail storefronts, as policymakers scramble to contain a new wave of infections driven by the highly transmissible Delta variant.