USDCAD: Consolidating within a month-long price range
Technical Analysis
The following are the most recent pieces of Forex technical analysis from around the world. The Forex technical analysis below covers the various currencies on the market and the most recent trends, technical indicators, as well as resistance and support levels.
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EURUSD: Bears threaten pivotal point at 1.1172
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SILVER: Bulls face key resistance at $14.62/68
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The results of the European elections, the Brexit trajectory after May's resignation and the continuation of US-Chinese trade tensions are all likely to support stronger gains for gold
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After three bearish trading sessions for the USD/JPY pair, pushing it towards the 109.26 support level, the pair settled around 109.58 at the beginning of this week
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At the beginning of this week, the EUR/USD pair will have modest trading in a limited range due to an economic calendar empty of important data and a holiday for US banks.
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NZDUSD analysis: Bulls break long-term trend line
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USDCAD: Weaker within a month-long price range
Technical Analysis
EURUSD: Bulls threaten pivotal point at 1.1225
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