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Forex Analysis

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Forex Analysis Headlines

Technical levels for majors and crosses – mid-May

The dollar rallied and then stalled on Comey’s firing. What’s next? Here are technical levels to watch, first for majors and then for crosses. Lines of support and resistance for the major pairs: EUR/USD, GBP/USD, USD/JPY, USD/CAD, AUD/USD, NZD/USD and ...

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NZD/USD hit by a cautious RBNZ

The Reserve Bank of New Zealand managed to hit the kiwi when it was down. The recent improvement in the employment situation created expectations for a more hawkish central bank, but the RBNZ remained neutral and especially cautious. The policy is ...

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USD/CAD – has many things going for it [Video]

The Canadian dollar is the anti-hero of the commodity crash, bearing the brunt of the slide. USD/CAD is at the highest since early 2016. In addition, there are more reasons to sell the loonie: housing worries and trade trouble with ...

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Carney Carnage: 3 factors that weigh on the pound

The Bank of England’s Super Thursday is super indeed. Despite worries for a muted outcome given the elections, the BOE sparks volatility. GBP/USD is falling. They did try to keep things balanced, but there are a few worrying things that come out. ...

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