EURUSD
The pair is traded higher than 1.0920 level. It could still rise up to 1.1000, but it should be sold on the rise because of a strongly overbought state and a pause before the second tour of the presidential elections in France.
The price is higher than the middle …
USDCAD
The pair is traded higher than 1.3520 level amid the weakening of the crude oil quotes, as it is unclear if the OPEC is going to extend the oil cuts.
The price is on the upper Bollinger band, higher than SMA5 and SMA14. RSI resides under the overbought zone …
EURUSD
The pair is correcting downwards after the strong growth prompted by the outcome of the first round of the French presidential election. The market responds positively to the new leading candidates, who are now Emmanuel Macron and Marine Le Pen, with Macron being expected to win.
The price is …
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