USDCAD
The pair fell amid a steep rise of the crude oil quotes. However the fall is restrained by the expected increase in strenght of the US dollar. Nevertheless, a local fall can still be expected.
The price is lower than the middle Bollinger band, lower than SMA5 and SMA14. …
USDCAD
The pair is standing still prior to the OPEC summit relusts announcement. The market doubts a positive outcome, but the hope is still there.
The price is lower than the middle Bollinger band, higher than SMA5 and SMA14. RSI resides lower than 50% level and moving horizontally. Stoch are …
EURUSD
The pair remains within the range while awaiting for the release of the employment and the US GDP data, which is to happen this Friday. If the GDP data is not worse than expected (+3.0%), it can provide the US dollar with local support.
The price is higher than …
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