Daily Pivots: (S1) 1.3830; (P) 1.3864; (R1) 1.3889; More… Intraday bias in USD/CAD stays mildly on the upside at this point. Recovery from 1.3780 short term bottom could extend higher. However, upside should be limited by 1.4150 support turned resistance (38.2% retracement of 1.4791 to 1.3780 at 1.4166. On the downside, firm break of 1.3780 […]
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The British pound has edged lower on Friday. In the European session, GBP/USD is trading at 1.3214, down 0.17% on the day. UK retail sales climbs 0.4% UK retail sales were a ray of sunshine Read more…
USDJPY remains constructive as bounce from multi-month low (139.88) holds above broken Fibo level at 142.55 (23.6% of 151.20/139.88 bear-leg, reinforced by 10DMA) for the third consecutive day. Safe haven yen benefited from the recent Read more…
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