এখন থেকে আমরা Elev8

আমরা শুধুমাত্র একটি ব্রোকার নই। আমরা একটি সর্বাত্মক ট্রেডিং ইকোসিস্টেম—বিশ্লেষণ, ট্রেড, এবং প্রবৃদ্ধির জন্য আপনার যা কিছু প্রয়োজন তা এক জায়গায়। আপনার ট্রেডিং উন্নত করতে প্রস্তুত?

USD/CAD Technical Analysis: Trapped in 1.33-1.34 range for 13th straight day

USD/CAD is currently trading at 1.3348, having faced rejection at 1.34 yesterday. 

The currency has been restricted to a narrow range of 1.33-1.34 since April 4. Further, the daily chart shows, the USD/CAD pair has created a narrowing price range over the last six weeks.

Daily chart

  • As of writing, the range resistance is seen at 1.3434 and the lower edge if located at 1.3297.
  • A daily close above 1.3435 could yield a rally to the psychological resistance of 1.35. The case for a test of supply around 1.35, however, would weaken if the spot struggles to clear the hurdle at 1.3467 (March 7 high).
  • A range breakdown would shift risk in favor of a drop to 1.3412 (50-week moving average).

Trend: Neutral while trapped in a contracting triangle

 

RBNZ inflation data steadies at 1.7% y/y in Q1 2019

The Reserve Bank of New Zealand (RBNZ) is out with its inflation data for the March quarter, with the figures coming in at 1.7% y/y vs. 1.7% previous.
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USD/IDR Technical Analysis: 21-day SMA caps upside on Indonesian election-day

USD/IDR trades near 14,080 while heading into the European open on Wednesday, the day of Indonesian general election.
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