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USDCAD technical analysis

USDCAD

The pair is consolidating at the level of 1.2680. It’s under pressure amid the weaker US dollar and higher crude oil prices, which supports the Canadian commodity currency.

Technical side:

The price is located below the lower Bollinger band, below SMA 5 and SMA 14. RSI is below the …

AUDUSD analysis

The Australian dollar fluctuated in a narrow range that tends to decline during the Asian session, to witness its rebound from the top since December 27, 2020 against the US dollar, following developments and economic data that they followed on the Australian economy and on the cusp of developments and …

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