USDCAD
The pair is trading above the 1.2955 level. It is supported by the increasing oil prices and the hopes and the US and Canada will come to a new trade agreement. The markets are also expecting the Bank of Canada to increase the interest rates in September.
The price …
EURUSD
The pair is reversing down after the Friday's rise that happened after Powell's speech in Jackson Hole. The problem of trade wards and the possibility of debt crisis spreading to Italy will probably put the Euro under pressure.
The price is higher than the middle Bollinger band but lower …
AUDUSD
The pair is correcting downwards amid profit taking and the hopes that the US and China will reach a compromise. We believe that the possibility of such an outcome is quite low, hence the pair may continue falling.
The price is lower than the middle Bollinger band, higher than …
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