USDCAD Final Leg of Triple Zigzag Begins
Just like a few weeks ago, USDCAD formed a correction triple zigzag consisting of cycle waves w-x-y-x-z. The first four sub-waves w-x-y-x are fully completed. The final actionary sub-wave z is being built. The wave z takes the form of a primary double zigzag Ⓦ–Ⓧ-Ⓨ. vAt the moment, prices are in the […]
The AUD is the strongest and the NZD is the weakest as the NA session begins
The strongest to the weakest of the major currencies As the NA session begins, the AUD is the strongest and the NZD is the weakest. The two countries released their 4Q CPI data in the new trading day. New Zealand was higher than expectations at 1.4% vs 1.3% but Australia was even higher with a […]
The JPY is the strongest and the GBP is the weakest as the NA session begins
The strongest to the weakest of the major currency pairs As the North American session begins, the JPY is the strongest and the GBP is the weakest. The flash PMI data is Europe were generally a little better. The services PMI in the Eurozone moved back above the 50.0 level at 50.7. The services index […]