Stock Futures Dip as Investors Await Key Payrolls Data 
FxWirePro: USD/CAD gains as broad dollar strength lifts pair 
NZDJPY: Downtrend Favors Sellers If 90.60 Resistance Holds 
Gold Prices Slide as Rate Cut Prospects Diminish; Copper Gains on China Stimulus Hopes 
FxWirePro- Woodies Pivot (Major) 
Trump’s "Shock and Awe" Agenda: Executive Orders from Day One 
Major Currency Score: EUR/USD, GBP/USD, AUD/USD & NZD/USD Extremely Bearish (-100); USD/CHF & USD/CAD Extremely Bullish (+100) 
Oil Prices Dip Slightly Amid Focus on Russian Sanctions and U.S. Inflation Data 
Geopolitical Shocks That Could Reshape Financial Markets in 2025 
Global Markets React to Strong U.S. Jobs Data and Rising Yields 
Goldman Predicts 50% Odds of 10% U.S. Tariff on Copper by Q1 Close 
JPY Major Currency Score: All Pairs Trading Flat with Neutral Bias 
S&P 500 Relies on Tech for Growth in Q4 2024, Says Barclays 
Urban studies: Doing research when every city is different 
U.S. Treasury Yields Expected to Decline Amid Cooling Economic Pressures 
Add as a preferred source on Google
AUD/CAD chart on Trading View used for analysis
- AUD/CAD extends gains, trades 0.24% higher at 0.9627 at the time of writing.
- Price action is extending gains for the 4th straight session, trades shy of 200-DMA at 0.9647.
- Technical indicators support further gains. Stochs and RSI are biased higher, momentum bullish.
- The pair is in a near-term bull trend and breakout at 200-DMA could see further upside.
- That said, we evidence a bearish divergence on Stochs which dents scope for upside.
- We need a breakout at 200-DMA to see further gains. Scope then for test of 61.8% Fib at 0.98.
- On the flipside, rejection at 200-DMA could see test of 110-EMA. Violation there to see bullish invalidation.
Support levels - 0.9587 (5-DMA), 0.9539 (38.2% Fib), 0.9523 (Nov 23 low)
Resistance levels - 0.9647 (200-DMA), 0.9664 (Nov 21 high), 0.97
Recommendation: Watchout for break above 200-DMA to go long.
For details on FxWirePro's Currency Strength Index, visit http://www.fxwirepro.com/currencyindex.
