salman834
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USD/CAD Price Analysis: Struggles above 200-bar SMA inside short-term triangle
USD/CAD pulls back from the weekly high, fails to extend gains beyond 200-bar SMA.
A short-term falling triangle, six-week-old resistance line restrict the pair’s near-term upside.
The April month lows become the key support.
USD/CAD recovers from 1.4055 to 1.4075 during Wednesday’s Asian tradin
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NZD/JPY drops by 70 pips as RBNZ opens the door for negative rates
NZD/JPY takes a hit as RBNZ expresses willingness to cut rates to negative territory.
A convincing move below the 50-day average looks likely and could invite stronger selling pressure.
The offered tone around the New Zealand dollar strengthened, pushing the NZD/JPY lower to 64.66 from 65.37 aft
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Dollar falls on COVID-19 treatment hope and soft inflation data
Market Review - 12/05/2020 23:41GMT
Dollar falls on COVID-19 treatment hope and soft inflation data
The greenback erased initial gains made in Asian morning and ended lower against majority of its peers, except for sterling on Tuesday after the World Health Organization announced potential trea
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