{"id":79468,"date":"2023-02-04T00:51:00","date_gmt":"2023-02-03T20:51:00","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=79468"},"modified":"2023-02-04T01:11:13","modified_gmt":"2023-02-03T21:11:13","slug":"usd-cad-climbs-on-remarkably-positive-nfp-data","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/usd-cad-climbs-on-remarkably-positive-nfp-data\/02\/04\/market-updates\/","title":{"rendered":"USD\/CAD climbs on remarkably positive NFP data"},"content":{"rendered":"\n<p>The USD\/CAD resumed its uptrend once it reclaimed the February 1 daily high at 1.3379. the pair climbs in the US trading session after hitting a daily low of 1.3311 before Wall Street opened.<br><br>The strong US jobs report boosted the US dollar, the strongest currency across the forex board. At the time of writing, the pair USD\/CAD exchanges hand at 1.3402.<br><br>Technically; the USD\/CAD is still neutral-to-upward biased, though it reclaimed some resistance levels after testing the 200-day Exponential Moving Average (EMA) two days ago. On its way ahead to the green territory, the USD\/CAD pair conquered an upslope-support trendline that was broken on January 31, which means the uptrend could resume shortly.<br><br>The USD\/CAD first support would be the 1.3400 mark. Once cleared, the USD\/CAD might test the 20-day EMA at 1.3388, followed by a downslope trendline turned support at 1.3355-65, and then the 1.3300 psychological barrier.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The USD\/CAD resumed its uptrend once it reclaimed the February 1 daily high at 1.3379. the pair climbs in the US trading session after hitting a daily low of 1.3311 before Wall Street opened.The strong US jobs report boosted the US dollar, the strongest currency across the forex board. At the time of writing, the &hellip;<\/p>\n","protected":false},"author":13,"featured_media":61177,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[37,36],"tags":[7957,7015],"class_list":["post-79468","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-forex-markets","category-market-updates","tag-nfp-data","tag-usd-cad"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/79468","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=79468"}],"version-history":[{"count":2,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/79468\/revisions"}],"predecessor-version":[{"id":79476,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/79468\/revisions\/79476"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/61177"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=79468"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=79468"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=79468"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}