USD/CAD is trading quietly at the 130.00 line, with a busy day ahead. The Bank of Canada holds its rate meeting and the US posts the June inflation report. Bank of Canada could deliver 75bp salvo The Bank of Canada is expected to press the pedal to the gas later today, with the markets expecting […]
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Daily Pivots: (S1) 1.3536; (P) 1.3577; (R1) 1.3612; More… Further rally is expected in GBP/USD with 1.3414 support intact. Current rise should target 100% projection of 1.2706 to 1.3442 from 1.3138 at 1.3874. However, break Read more…
Daily Pivots: (S1) 0.8174; (P) 0.8195; (R1) 0.8217; More…. Range trading continues in USD/CHF and intraday bias stays neutral. Fall from 0.8475 could extend lower, and break of 0.8156 will target 0.8038 low. But strong Read more…
Daily Pivots: (S1) 0.6481; (P) 0.6510; (R1) 0.6533; More… AUD/USD failed to break through 0.6536 resistance decisively and intraday bias stays neutral. With 0.6406 support intact, further rally is expected. On the upside, firm break Read more…