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Technical analysis 15.05.18

EURUSD

The pair is trading above the support level of 1.1900–05. If the eurozone GDP data is weaker than predicted, the pair will be expected to go down, and even further down if the US data is positive. At the same time, if the GDP figures are strong, the pair …

Technical analysis 14.05.18

USDCAD

The pair is trading above the support level of 1.2750 against the background of the tension between the US and Iran in the Middle East. It will likely encourage the growth of crude oil prices and support the rate of Canada’s currency.

The price is below the middle line …

Technical Analysis 11.05.18

USDCAD

The pair has fallen to the support level of 1.2750 amid the oil price surge that happened after the US withdrew from the Iran nuclear deal. The price resides below the lower line of the Bollinger band borders, lower than EMA 5 and EMA 13. RSI is moving horizontally. …

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