Price action SEP 20th
EURUSD had a mixed day. The preference is to sell below 1.07. Levels between 1.0660 and 1.0650 remain pending. It is important to consider the lows of 1.0660 and 1.0650 as buy reversal levels. While below 1.0650 we are going to sell until 1.0640/1.0630. GBPUSD despite its buying rally, the preference is to sell below 1.24. […]
AUD and GBP targeted by Central Bank decisions
This week the Central Banks of Australia and the United Kingdom, decide on their monetary policy. In this sense, the Reserve Bank of Australia, reported its decision in the last hours. In general terms, the official statement does not report changes during the month of August, since the RBA will maintain the interest rate at […]
Canada GDP: Impact on USDCAD
July ends with data on Canadian economic activity. The Statistics Office of Canada will report the GDP data this Friday at 9:30 p.m. Argentina time (GMT-3). Stability is projected for the inflation-adjusted Gross Domestic Product for May, which will be reported in the coming hours. The indicator in April maintained a steep fall from 1.1% […]