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USDCAD technical analysis 08.04.2020

OPEC+ is to hold a video conference on Thursday on the proposed oil output cut. The meeting is expected to bring positive results and cause a further local growth in oil prices. This will support commodity currencies, including the Canadian dollar. CAD may continue to get stronger in the …

USDJPY analysis 08.04.2020

The US dollar fluctuated in a narrow range tilted to the upside during the Asian session, to witness its bounce for the fourth session in six sessions from the lowest since March 18 against the Japanese yen after the developments and economic data that it had reported on the Japanese …

Gold analysis 08.04.2020

Gold price futures fluctuated in a narrow range tilted to the upside during the Asian session, while the US dollar index resumed its rebound from the lowest since March 17th for the sixth session in nine sessions, according to the inverse relationship between them on the threshold of developments and …

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