Tuesday, 26 January 2021

USD/CAD Outlook Clouded by RSI Divergence Ahead of FOMC Rate Decision

The recent rebound in USD/CAD appears to be stalling ahead of the Federal Reserve’s first meeting for 2021 even as the RSI diverges with price.

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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...