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<p>USDCAD is trading around the vicinity of 1.3575, that being the 20-period simple moving average (SMA) after the rebound on the 23.6% Fibonacci retracement level of the bearish move from 1.4170 to 1.3315 at 1.3518. Looking to the short-term oscillators, the stochastic and the RSI promote slight improvements, despite diminished directional m

<p>The euro currency has continued to advance against the US dollar during the European trading session, as the greenback remains under intense selling pressure. The key upcoming technical resistance for the EURUSD pair is located around the 1.1380 level. Failure to move the EURUSD pair above the 1.1380 level could cause a major technical rej

<p>Bitcoin has rallied towards the $9,600 resistance area, following the announcement that the Federal Reserve will start buying individual corporate bonds. A bullish reversal pattern with around $600.00 of upside potential has been created during the recovery from the $8,900 level. Traders should note that the bullish pattern will be activat

<p>The Australian dollar pared overnight gains, driven by risk mode and RBA minutes signaling possibly shallower economic downturn than previously estimated, as sentiment was soured by news from North Korea and India. Today’s action stalled at weekly cloud top (0.6969) and subsequent dip found support found footstep at 0.6900 zone, keep

<p>Yesterday, the XAU/USD exchange rate reversed north from the 1,705.00 level. During Tuesday morning, the rate was trading at 1,730.00. Given that yellow metal is supported by the 55– and 100-hour SMAs, as well the monthly PP, it is likely that some upside potential could prevail in the market. Meanwhile, note that the exchange rate [&helli

After a record drop in April, May saw manufacturing production increase by the most since the 1950s, point out Wells Fargo’s economist. They argue tha

Sterling’s rebound from Monday’s lows at 1.2454 has been capped at 1.2680/85 on Tuesday and the pair has retreated to session lows below 1.2600. The i

Jerome Powell, Chairman of the Federal Reserve System, is delivering the semiannual monetary policy report and testifying before the Senate Banking Co

The EUR/USD pair remains closely linked to global reflationary trends according to analysts at Danske Bank. They see the Federal Reserve as leaning in

Jerome Powell, Chairman of the Federal Reserve System, is delivering the semiannual monetary policy report and testifying before the Senate Banking Co