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USDCAD technical analysis 22.01.2020

The pair is trading below 1.3090 in anticipation of the final monetary policy decision of the Bank of Canada. If the bank doesn’t change interest rates and indicates that it won’t happen in the near future, while Candadian inflation data shows a local increase, the pair will become weaker.

The …

EURUSD analysis 22.01.2020

The round secondary level of 1.1080 holds back sellers. A descending truncated pattern of the H8 level was formed, in which the wave (C) has subwaves of the H4 level, where the wave (C) is also truncated (the formation of a reversal pattern). Also, Awesome Oscillator shows a bullish divergence, …

AUD analysis 21.01.2020

The Australian dollar fluctuated in a narrow range tilted towards the decline during the Asian session to witness its bounce to the twelfth session in fifteen sessions from its highest since July 23 against the US dollar amid the scarcity of economic data at the beginning of this week by …

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