Wednesday, 26 April 2023

USD/CAD Wavers at Fibonacci Resistance as USD/JPY Makes Move on Trendline Support

USD/CAD stalls and wavers at technical resistance following its strong performance in recent days. Meanwhile, USD/JPY makes a move on trendline support, with sellers positioning for a breakdown.

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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...