Technical analysis

Technical analysis

The New Zealand dollar has been declining since the end of January. The Reserve Bank of New Zealand didn’t change its rate track projection but lowered estimates for the trade weighted index. Will the New Zealand dollar continue weakening? More

Inflation near Fed’s target threshold 2% and strong labor market support Fed policy tightening. This will strengthen the US dollar and pressure gold. Will gold continue falling? More Start trading with IFC Markets START TRADING Source: Technical Analysis

In this review, we recommend considering the personal composite instrument (PCI) CAD_Index . It reflects the dynamics of the Canadian dollar against other major world currencies. The PCI may increase, if the Canadian currency begins to strengthen. More Start trading