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Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

Information is not investment advice

Levels for trading USD/CAD

To gain the ability to head higher, towards 1.3445, USD/CAD needs to overcome 1.3355 (61.8% Fibo of the May-July decline).  

EUR/CAD is under pressure

EUR/CAD has tried to return above the previous support and now resistance line connecting the lows of 2015 and 2017.

EUR/GBP is finally correcting

EUR/GBP may be about to make a bigger downside correction. The pair closed yesterday below the August support line and slipped below the weekly pivot point at 0.9250.

USD/CHF is testing lows

USD/CHF fell to the lowest levels in almost a year. The pair slid below the June low at 0.9695.

August on Forex: hot & cold

FBS analysts have gathered the key info about the main currency pairs. We hope that this analysis will make your trading easier.

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