EURUSD
The pair remains in the short-term downtrend in expectation of the ECB’s monetary policy decision. If the bank, and its president Mario Draghi, are optimistic in evaluating the prospects of European economy, the pair will receive support. However, if there are any mentions of risks concerning trade wars of …
USDCAD
The pair remains in the short-term uptrend due to decreasing crude oil prices and in expectation of the results of the Bank of Canada monetary policy meeting. If the regulator raises interest rates and hints at more raises in the near future, the price will fall. At the same …
EURUSD
The pair is still trading flat within the range of 1.1450–1.1600 amid the growing debt problems in Italy and the decreasing demand on risk assets,
The price is below the middle Bollinger band, above SMA 5 and SMA 14. RSI is below the level of 50% and is indicating …
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