USD/MXN moves sideways on the H1 chart after finding temporary support. It has developed a triangle pattern and now it seems determined to rebound. The US is to release the CB Consumer Confidence later. It is expected to increase to 1118.9, from 1117.2 points. Better than expected data could …
CAD/JPY Temporary Decline!
CAD/JPY has decreased a little in the short term after the Canadian retail sales data. The Retail Sales and Core Retail Sales have come in worse than expected yesterday. Also, technically, the pair was somehow expected to slip lower after its amazing rally. The pair could move sideways in the …
NZD/CAD Upside Movement Favored!
NZD/CAD moves sideways in the short term and it seems poised to start an upwards movement. The price action has signaled that the downside could be over. Technically, we could get confirmation soon. The New Zealand Dollar could take full control after the Canadian retail sales have disappointed …
