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Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

Information is not investment advice

CAD/JPY turned down

CAD/JPY recovered last week to the 78.00 area (38.2% Fibonacci of the February-March decline), but then turned down again getting back below the 50-period MA on the H4.

USD/JPY tries to recover

After testing the lowest levels since 2016 in the 101.18 area earlier this week, USD/JPY turned up and returned above 105.00.

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