AUDCAD- been making lower lows and lower highs in the weekly charts.

The oil price bounce helps the loonie to stay higher against the counterparts. The oil bounced from 6.5 years low. The Chinese slowdown, Yuan devaluation worries spread to the financial system, sharply fell across the […]

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USDJPY- the pair opened on a bearish note, support finds at 120.75 and 120.40.

Fed Vice Chairman Fischer: there are “substantial grounds” to believe that US inflation will rise towards the Fed’s 2% target, it may be a gradual easing revoked when low inflation should not rise to 2% […]

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GOLD- Aiming for $1,138.00, $1,144.00 and $1,148.00

The precious metal rejected at 20Wsma erased most of the earlier week gains. The metal managed to hold the 20Dsma twice, bounced on the weekend and manage to close above 50Wsma. Fed Vice Chairman: we […]

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EURJPY- CPI data likely to decide the trend. Support remains at 135.00

  Today at Asia-pacific session, the Japanese July industrial output hits the wires. Japan July industrial output initial value of -0.6% MoM expected 0.1%, the previous value of 1.1%. Japan July industrial output up 0.2% […]

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