USDCAD
The pair has returned into the corridor of 1.3290-1.3400 amid the publication of the US API data, which showed shortage in oil reserve by 1.8 bln barrels. Gasoline and distillates reserves have also lowered way more than was expected. The pair may keep falling as a result.
The price …
USDCAD
The pair is once again testing the strong resistance level of 1.3400 amid the strong US Dollar positions, supported by the strong economic statistics and inability of oil prices to continue the rally that began end of the last year.
The price is higher than the upper Bollinger band, …
EURUSD
The pair is consolidating above the important level of 1.0650 prior to the release of another piece of the economic data from the US. The most important data this week is the employment figures.
The price is lower than the middle Bollinger band, lower than SMA5 and SMA14. RSI …
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