Monday, 24 April 2023

Canadian Dollar Outlook: USD/CAD Eyes Fib Resistance as Bulls Regain Upper Hand

USD/CAD’s technical signals have turned more positive after the pair recaptured its 200-day simple moving average and overtook a key rising trendline in play since June of last year.

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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...