China’s Central Bank, popularly known as the People’s Bank of China has issued a statement concerning the rate of exchange of the Yuan currency through its vice governor, Liu Guo-qiang. He said that their goal is to retain the basic stability of the rate of exchange of China's currency – the Yuan …
USD/CAD Falls as Price Deepens in the Oversold Region
USD/CAD Long-Term Analysis: BearishUSD/CAD is in a downward move. The downtrend resumes after a rejection from level 1.2650. The currency pair plunged sharply to the low of level 1.2000 and corrected upward. The pair corrected upward to level 1.2200 and resumed fluctuation between 1.2000 and 1.2200. …
AUDJPY – Price At The Verge Of Downsides
The upward move still dominates the long-term outlook while the medium-term range is facing a downward move.The pair is slightly going in favor of the bears.AUDJPY Weekly Price Analysis - May 23AUDJPY price staying below EMA-9 at the support level of $84.109, may lead to strong downsides. AUDJPY …
