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Forex
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NZD/USD – breach of a trending resistance line that has been tested at least twice before.
NZD/USD has broken through the resistance line of a Channel Down technical chart pattern. Because we have seen…
We expect USDCAD to trend upwards today with a 70% chance.
Based on the last 12 Inflation Rate YoY events in United Kingdom, USDCAD could trend upwards later today.…
Breach of support could mean a start of a bearish trend on USD/CHF
USD/CHF has broken through a support line of a Channel Up chart pattern. If this breakout holds true,…
We may be expecting a $101.516 movement on USDCAD within 2 hours following the event release at 17 May 23:50.
Based on the last 12 GDP Growth Rate QoQ Prel events in Japan, a $101.516 movement could occur…
There is a 83.33% chance of USDCAD trending downwards
Based on past Japan GDP Growth Rate QoQ Prel news events there is a 83.33% chance of USDCAD…
EUR/USD – approaching a price line that has been previously tested numerous times in the past
EUR/USD is moving towards a resistance line. Because we have seen it retrace from this level in the…
USD/JPY – breach of a trending resistance line that has been tested at least twice before.
USD/JPY has broken through the resistance line of a Ascending Triangle technical chart pattern. Because we have seen…
USD/CAD experienced a very large 2 days bearish move to 1.281
USD/CAD has moved lower by 1.27% from 1.295 to 1.281 in the last 2 days.
A possible $390.29 movement on USDCAD within 4 hours following the event release at 17 May 12:30.
Based on the last 12 Retail Sales MoM events in United States, a $390.29 movement on USDCAD may…
GBP/USD – breach of a trending resistance line that has been tested at least twice before.
GBP/USD has broken through the resistance line of a Falling Wedge technical chart pattern. Because we have seen…