Category: Testing
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USDCAD bounces higher after testing key technical support. Can the buyers keep pushing?
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The USD/CAD pair hit its lowest level since June 3 earlier today, testing the lower low at 1.35972. The 200-day moving average was just below that level at 1.35953. Today’s low was at 1.3601 as buyers/profit-takers took advantage of the swing area. The combination of US and Canadian jobs data…
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USDJPY Technical Analysis – The market is testing the intervention level again
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Basic overview The US dollar continues to get support from good economic data as we recently saw from the US PMIs last Friday and the US Consumer Confidence report yesterday. Such data keeps interest rate expectations stable around two cuts by the end of the year and supports risk sentiment…
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Toyota shareholders demand vote against chairman Toyoda as automaker embroiled in testing scandal
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Breadcrumb links BMN Business Article writer: Associated Press Yuri Kageyama Posted on June 15, 2024 • 4 minutes read You can save this article by registering for free here. Or log in if you have an account. Article content TOKYO (AP) — Toyota Chairman Akio Toyoda will face some disgruntled…
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Chart Art: EUR/USD Is Testing a Long-Term Downtrend Resistance!
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Looking for more USD settings to trade? It looks like the EUR/USD pair has just fallen off the key Resistance zone! Will the pair continue its long-term downward trend in the next few days? EUR/USD 4-hour Forex chart Chart by TradingView In case you missed it, the EUR/USD pair was…