USDCAD has been trending lower, moving inside a descending channel pattern on its 4-hour time frame. Price is now making its way close to the channel support near the 1.2700-1.2750 and might be due for a bounce.
The EURUSD pair went back and forth during the course of the day on Monday, showing quite a bit of confusion at the 1.14 handle which of course is the beginning of massive resistance.
The AUDUSD pair initially tried to pull back during the course of the session on Monday but then ended up rallying.
E-commerce giant Alibaba Group Holding Ltd is planning to develop rugby on the Chinese mainland and exclusively broadcast rugby content through the online platform of its new sport division－Alisports.
The EURUSD pair went back and forth during the course of the day on Monday, showing quite a bit of confusion at the 1.14 handle which of course is the beginning of massive resistance.
The AUDUSD pair initially tried to pull back during the course of the session on Monday but then ended up rallying.
China’s (FXI, quote) consumer prices grew 2.3 percent in March year on year, the same as in February, according to the data issued by the National Bureau of Statistics Monday.
The EURUSD pair initially fell during the day on Wednesday, but turn right back around to form a fairly bullish candle.
The AUDUSD pair initially fell on Wednesday but found enough support just above the 0.75 level again to bounce.
Chinese e-commerce giant Alibaba Group Holding Ltd said on Wednesday that it has officially become the world’s largest retail platform, with its total trading volume online in the fiscal year ending in March 2016 surpassing Wal-Mart’s annual sales.
