USDCAD
The overall trend is downward. The ascending pattern of the H4 level is truncated. Awesome Oscillator shows a bearish divergence, while Stochastic Oscillator signals overbought conditions. The inclined channel of the ascending pattern is broken, which gave the completion of the ascending pattern. Breaking through the support level of …
EURUSD
The pair is trading above the 1.05 level while remaining in a short-term downtrend. Data on inflation in the eurozone will be announced today and may locally support the pair, but overall, due to the ECB’s monetary policy and the difficult economic situation in Europe, it may go further …
Tuesday, February 2nd, today’s news—global markets are optimistic after a strong start of the week. Progress in the stimulus talks in the US, Dow futures rise by almost 100 points, dollar is at a seven-week high, gold is down. The price of Brent oil is $56.91, WTI—$54.14, EUR/USD is at …
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