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USD/CAD Daily Analysis – Wednesday, May 22
USD/CAD is facing 1.3376 support, a breakdown below this level could take the price to 1.3300 area.
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AUD/USD Daily Analysis – Wednesday, May 22
AUD/USD failed to break above the resistance of the price channel on the 4-hour chart, suggesting that the pair remains in the downtrend from 0.7068.
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USD/CAD Daily Analysis – Tuesday, May 21
USD/CAD moved sideways in a trading range between 1.3376 and 1.3520.
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AUD/USD Daily Analysis – Tuesday, May 21
AUD/USD is facing the top trend line of the price channel on the 4-hour chart.
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USD/CAD Daily Analysis – Monday, May 20
USD/CAD failed to break above 1.3520 resistance and stayed in a trading range between 1.3376 and 1.3520.
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AUD/USD Daily Analysis – Monday, May 20
AUD/USD stays in a falling price channel on the 4-hour chart and remains in the downtrend from 0.7068.
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The Biggest Problem With Using Indicators
Indicators are commonly considered as abstract and confusing by a lot of people. Forex analysis can be obscured by indicators since there are so many options from which you can choose. What makes indicators fail so hard for some people?

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