Canadian Dollar Technical Price Outlook: USD/CAD Recovery Underway

Canadian Dollar is down more than 0.7% vs the US Dollar with USD/CAD rebounding off Fibonacci support post-FOMC. Here are the levels that matter on the technical charts.

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NZD/USD IG Client Sentiment: Our data shows traders are now at their least net-long NZD/USD since May 22 when NZD/USD traded near 0.61.

Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger NZD/USD-bullish contrarian trading bias.

from DailyFX – pages/rss.rss-list.technical-analysis https://bit.ly/3dSDjZv
via IFTTT

NZD/USD IG Client Sentiment: Our data shows traders are now at their least net-long NZD/USD since May 22 when NZD/USD traded near 0.61.

Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger NZD/USD-bullish contrarian trading bias.

from DailyFX – pages/rss.rss-list.technical-analysis https://bit.ly/3dSDjZv
via IFTTT