Thursday Market Analysis: USD/CAD & AUD/USD

Hey traders,

let’s hit them charts

 

1. USD/CAD

Price on NZD/USD is on a good spot.

The support level may bounce price back to NPRZ, but I will not totally count on it because we have USD unemployment claims coming in by 1.30 pm, and anything can happen.

 

 

2. AUD/USD

Price on the AUD/USD is also trapped at an interesting level. The 200 ma’s location also gives more credence to the bearish setup. 

If there was no news at 1.30 pm, I would have sold AUD/USD at this point.

 

What say you?

NOTE:

If you are interested in taking any of the proprietary firm’s challenges, hit any of the links below and get a discount:

Related Posts

Leave a Reply

Your email address will not be published. Required fields are marked *

error

Enjoy this blog? Please spread the word :)