USDCHF trades sideways near 8-month low, below 20-SMA Short-term outlook is hazy, but optimism is still there Key resistance at 0.8522; support at 0.8330 USDCHF has been in a tight range within the 0.8400 region so far this week, remaining trapped below its 20-day simple moving average (SMA) and the resistance trendline from July near […]
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Canada’s retail sales rose 0.9% mom to CAD 66.4B in July, well above expectation of 0.5% mom. Sales were up in seven of nine subsectors, led by increases at motor vehicle and parts dealers. In Read more…
WTI crude oil rebounds off 17-month low Technical oscillators are mixed WTI crude oil prices have been creating a notable bullish correction after the significant bounce off the 17-month low of 65.70. Technically, the MACD Read more…
USDJPY jumped over two figures on Friday after Bank of Japan kept interest rates unchanged and signaled it was not in rush for further hikes, despite the borrowing cost is still very low. Renewed attempt Read more…