The Canadian economy expanded by 0.2% month/month (m/m) in January, matching Statistics Canada’s flash estimate. The flash estimate for February showed an even stronger gain of 0.8% m/m. January’s increase in activity was mixed, with output expanding in 9 of the 20 industries. The goods-producing sector rose 0.8%, while the service-producing sector was flat at […]
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Key Highlights EUR/USD started a recovery wave from the 1.0350 zone. A key bearish trend line is forming with resistance near 1.0450 on the 4-hour chart. GBP/USD is facing hurdles near the 1.2650 and 1.2720 Read more…
EURCHF falling inside minor impulse wave 5 Likely to fall to support level 0.9250 EURCHF currency pair continues to fall inside the minor impulse wave 5, which started earlier from the pivotal resistance level 0.9430 Read more…
USDCHF reversed from resistance zone Likely to fall to support level 0.8860 USDCHF currency pair recently reversed down from the strong resistance zone located between the round resistance level 0.90000 (which has been reversing the Read more…