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The Bank of Canada today maintained its target for the overnight rate at the effective lower bound of ¼ percent, with the Bank Rate at ½ percent and the deposit rate at ¼ percent.
USDJPY Technical analysis July-19-2017 USDJPY is under selling pressure today and sellers now are in full control as the pair broke below the 50d MA and 100d MA and now it is targeting the 111.21 […]
Technical Analysis for EURUSD and USDCAD EURUSD gapped up higher today and is keeping most of the gains after the results of French election. The pair hit the daily high at 1.0904 and made the […]
USDCAD Lower on Higher Oil Prices USDCAD is trading lower today helped by higher oil prices after the Non OPEC production cuts. The price moved down to lower channel trend lines near the 1.3110 area […]
Forex Technical Outlook – USDJPY USDJPY is trading above the March 2016 highs at the 114.44-54 area again. Yesterday the pair peaked against the area. Today in the Asia session, the price moved above the […]
Forex Daily Technical Analysis USDCAD – USDJPY The USDCAD broke through the intraday resistance at 1.3180 and knocked the older highs at 1.3195/00 to hit 1.3208. That is an overly bullish forex signal for the pair […]
