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USDCAD technical analysis 19.06.2020

 

The pair is consolidating in the range of  1.3500-1.3685 due to the ambiguous dynamics of crude oil prices and contained demand for risky assets. Local oil prices turnaround upward as well as increasing investors’ interest in buying shares will support the pair. 

Technical side: 

The price is above the …

Australian Dollar Analysis 18-06-2020

The Australian dollar fell during the Asian session to witness its bounce for the fourth session in seven sessions from the top since July 19, 2019, when it tested the highest since April 23, 2019 against the US dollar after the developments and economic data that were followed by the …

Euro Analysis 18-06-2020

The single currency fluctuated the euro in a narrow range slashing up during the Asian session to witness its bounce to the second session from the lowest since June 4 against the US dollar on the threshold of developments and economic data expected Thursday by the economies of the euro …

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