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USDCAD Technical analysis 29.01.2016

USDCAD

The pair is traded lower than 1.4035 support level awaiting for the publication of Candian GDP numbers. If they are worse than predicted (+30% against previous 0.00), the pair can obtain stimulus to dicrease which is supported by the rise in oil prices.

The price is on the lower …

EURUSD Technical analysis 28.01.2016

EURUSD

The pair will probably keep moving in the 1.0800-1.0990 range because of the ECB stimulus program expansion expectations and a pause in the US interest rate hike. But today the pair can fall under pressure caused by the publication of weak data on the consumer inflation in Germany which …

EURUSD Technical analysis 27.01.2016

EURUSD

The pair can receive support it the Fed is reluctant to raise the interest rate. In this case the pair will have all the chances to rise up to the upper border of the 1.0800-1.0990 range.

The price is on the upper Bollinger band, higher than SMA5 and SMA14. …

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