-USD/CAD may be forming a head and shoulders top from the 2015 high with the right shoulder as a triangle. However, upside acceleration is also possible (consolidation could break either way), ...
Support: 1.0969 (Triangle bottom, trend line), 1.0825 (38.2% Fib ret.) Resistance: 1.1170 (Triangle top), 1.1194-1.1223 (Feb 21, Jan 31 highs) A period of consolidation since late January may precede ...
AUD/CAD continues to inside the clear Ascending Triangle chart pattern which was previously identified by Autochartist on the daily charts. Autochartist measures the Quality of this Ascending Triangle ...
The CAD/JPY pair has been in a sideways mode for the last few weeks. All of the price action has been contained within 81.70 – 86.40 range established in early July. Since then, the price swings have ...
USD/CAD rises to 1.3730 amid firm speculation that the BoC will start lowering interest rates from June. The US Dollar declines despite uncertainty ahead of the US core PCE Inflation data. USD/CAD ...
- Bank of Canada (BoC) to Keep Benchmark Interest Rate at 0.50%. - Will Governor Stephen Poloz Endorse a Wait-and-See Approach? For more updates, sign up for David's e-mail distribution list. Trading ...
Zorrays Junaid has extensive combined experience in the financial markets as a portfolio manager and trading coach. More recently, he is an Analyst with Alchemy Markets, and has contributed to DailyFX ...
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