USD/CAD faces pressure as China’s big-bang stimulus strengthens the oil-linked Canadian Dollar. The BoC is expected…
Continue ReadingTag: downside
Holds below 1.0850, the path of least resistance is to the downside
EUR/USD holds positive ground near 1.0825 in Wednesday’s Asian session. The negative stance of the pair…
Continue Reading
Bulls turn cautious amid overbought RSI, downside potential seems limited
GBP/USD edges lower on Thursday amid the emergence of some USD buying. A slightly overbought RSI…
Continue Reading