Range Trading Unfolds as Several Major Global Central Banks May Have Put the Cue Back in the Rack on Rate Rises.
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Range Trading Unfolds as Several Major Global Central Banks May Have Put the Cue Back in the Rack on Rate Rises.
from DailyFX – Market News https://ift.tt/Hi2hI8x
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EUR/CAD primed for a LT reversal upon ‘head and shoulders’ confirmation. Souring fundamentals in Europe combined with rising oil and interest rate expectations in Canada considered
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USD/ZAR in Q4 looks to the US for guidance while keeping a close eye on China and the local landscape.
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The Australian dollar has sold off in 2H with further frailties ahead. AUD/USD threatens to breakdown while AUD/JPY gears up for a reversal at major resistance
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The USD/JPY has held the high ground for the majority of Q3 with rallies to the downside proving short lived at this stage. The potential for a downside move however remains in play and with the right fundamental developments
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