USD/CAD Forex Signal: Plunges to the 200 Day EMA
The USD/CAD pair dropped sharply to test the 200-day EMA after tariff shocks, with traders eyeing 1.4125 as a key breakout level ahead of Friday’s jobs data.
EUR/MXN Forecast: Gives Up Gains—Will Peso Pressure Resume or Hold?
The euro rallied sharply against the Mexican peso on Thursday but gave up most of its gains, with the pair likely to remain rangebound between 21.00 and 22.50.
GBP/USD Forecast: Gains on Dollar Slide—Watch for Friday Reversal Risk
The British pound rallied sharply on Thursday before giving back gains, as dollar weakness collided with market caution ahead of Friday’s US jobs report.
ETH/USD Forecast: Struggles as Risk Appetite Fades
Ethereum continues to struggle near key support at $1,775, with risk aversion weighing on sentiment and a break below potentially opening a move to $1,600.
GBP/JPY Forecast: Risk-Off Drives Volatility Before NFP Friday
The British pound plunged against the yen as global risk aversion surged post-tariffs, with traders watching ¥190 support ahead of Friday’s key U.S. jobs data.