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Forex Technical Analysis

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USDCAD Attacks 1.30 Resistance

The Loonie slipped on Friday, pushing the USDCAD pair toward the critical resistance of 1.30 as the USD has dominated the FX market again.

SP500 Tests 200-day Average

The benchmark equity index - SP500 - remains in a strong uptrend from the medium-term perspective as it looks like the bear market, which started in January, might be over.

USDJPY Ends the Bearish Correction

A weaker JPY and stronger USD somehow forces us to look at the situation on the USDJPY, which in these conditions should be one of the rising pairs on the markets and frankly speaking, it is.

GBPNZD Bounces off an Absolutely Crucial, Long-Term Support

nces off an Absolutely Crucial, Long-Term Support In today’s analysis we’re looking at GBPNZD which is currently bouncing off of an absolutely crucial support.

EURUSD Treads Water Ahead of US CPI

The greenback slid on Tuesday, erasing all of Friday's NFP gains, pushing the EURUSD pair back above 1.02.

SP500 Attacks Critical Resistance

Stocks quickly recovered from Friday's selling, which occurred after the latest US jobs market update, and the SP500 index jumped 0.65% on Monday, already rising above Friday's highs.

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