USDCAD
The pair is trading above 1.3275. It’s reversing upwards as the crude oil prices rise and the soon to be released Canada’s consumer inflation data is expected to be positive.
The price is on the middle Bollinger band, below SMA 5 and SMA 14. RSI has left the overbought …
GBPUSD
The pair is trading below 1.3145 as the outcome of the Bank of England monetary policy meeting is expected to be revealed today. The interest rates and the volume of assets buyout will most likely stay on the previous levels, while the regulator may indicate that the interest rates …
USDCAD
The pair is trading above 1.3300. The restoration of crude oil prices may put it under pressure and let the price go lower, but the trade war between the US and NAFTA (which also includes Canada and Mexico) may push the pair upwards again after a local rebound downwards. …
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