USD/CAD’s technical signals have turned more positive after the pair recaptured its 200-day simple moving average and overtook a key rising trendline in play since June of last year.
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USD/CAD’s technical signals have turned more positive after the pair recaptured its 200-day simple moving average and overtook a key rising trendline in play since June of last year.
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Gold prices rise Monday amid falling U.S. Treasury yields. Meanwhile, the Nasdaq 100 trades lower ahead of key corporate earnings, with the tech index carving out a bearish double-top pattern.
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Oil’s sudden selloff appears to be finding support before bridging the gap left by OPEC after its surprise announcement of further supply cuts. WTI and Brent consolidate
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EURUSD continues to display indecisiveness as German Ifo data comes in mixed. As consolidation continues can US data and ECB policymakers’ rhetoric inspire a breakout?
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The US dollar remains stuck in a tight range, but this is expected to change during the week as heavyweight US data hits the screens.
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