Tuesday, June 25, 2019
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Technical Analysis – USD/CAD bulls return into play

USD/CAD bulls return into play; remains beneath uptrend line. USD/CAD gained some ground after the aggressive sell-off towards the three-month low of 1.3240, penetrating the long-term ascending trend line to the downside. The technical indicators are feeding prospects for a possible positive short-term trading; the RSI is pointing up below 50, while the

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Technical Analysis – GBP/JPY consolidates rebound

GBP/JPY consolidates rebound; indicators trend up. GBP/JPY stabilised around a key barrier of 137.40 after bouncing on the five-month trough of 136.54. Although the RSI is currently sloping down, the indicator seems to be building an uptrend, confirming another higher high near its 30 oversold level earlier this week. The MACD is also trending up above

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