USD/CAD Forecast Nov. 30-Dec. 4

Discussion in 'Technical Analysis' started by FXStreet_Team, Nov 30, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    The Canadian dollar showed some movement in both directions last week, but finished the week unchanged, as USD/CAD closed at 1.3362. This week’s highlights are GDP and Employment Change. Here is an outlook on the major market-movers and an updated technical analysis for USD/CAD. In the US, Unemployment claims dropped sharply, but housing and consumer data missed expectations. Still, the US economy is doing fine, so a rate hike in December is more likely than not. In Canada, manufacturing

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