The overall trend is descending. The currency pair is traded in the descending price channel. There is a bearish divergence on the Awesome Oscillator, and the Stochastic Oscillator signal the overbought conditions.
NZD/CAD rate online: monitor the price movement in real time.
Trading idea:
Sell from the mirror level 0.8790 and the upper …
News of the day, Thursday, December 30
As people continue to realize Omicron variant is safer than any previous, markets react with enthusiasm — the Dow has risen six days in a row. S&P 500 develops accordingly reaching record highs this week. National lockdowns are not likely to happen soon …
News of the day, Wednesday, December 29th:
As investors glanced aside growing instances of Omicron in another bout of risk appetite, the euro sank in weak holiday trading on Wednesday, while the dollar sent the yen to a one-month low. As stocks rose, risk-sensitive currencies such as the Australian dollar …
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