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Forex Analytics News

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USD/CAD Technical Analysis & Daily Chart

Today our eyes move to North America as we would focus our analysis on the USD/CAD currency pair.

The pair suffered some serious decreases over the past week, but the rates managed to fix themselves above the level at 1.24. At this point we could talk about a potential movement in the...

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GBP/JPY Technical Outlook

The GBP/JPY currency pair is still trading around the highest level itreached in more than a year after the Brexit. It retested the resistance level 148.00 three times in the past, and last month’s candle closed near the opening price as a Doji candle, which may tell us that the pair will...

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GBP/CAD Technical Outlook Ahead of the BOE Official Rate

For the last three months the GBP currency has been struggling against the Canadian dollar and has declined from 1.7851 to record the lowest price in five months at 1.6236. This means it lost more than 1600 pips after the better-than-expected GDP value which was 0.2%, compared to the actual...

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How Healthcare Failed the Dollar

While we have been focusing on other regions in our most recent articles, one detail often popped up in our analysis: the fact that the American dollar has weakened. Why did that happen? That’s what we’ll try to find out today.

Now, if you take a look...

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CAD/JPY: Fundamental Review and Forecast

Since the beginning of the month the rates have been in the frames of the rapid upward trend. Now the rates are consolidating in the range of 88.3-89.63 JPY. The rapid strengthening of the Canadian dollar is related with the increase of oil prices, signs of the oil market stabilization and an...

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