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Gold, Silver Price Forecast: XAU/USD, XAG/USD May Rise as Retail Traders Sell
2022-05-25 00:30:00
Gold Price Forecast: Real Yields, Weaker USD and Safe Haven Appeal Drive XAU/USD Higher
2022-05-24 08:00:00
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Sterling Price Outlook: GBP Frailties Remain Despite New Windfall Tax
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Shocking UK PMI Sends the Pound Spiraling: EUR/GBP, GBP/JPY and GBP/USD
2022-05-24 09:42:00
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Hang Seng Index Soars on Alibaba and Baidu Boosting Tech Outlook and Turns Risk-on
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USD/JPY Outlook: Hawkish Sentiment from SNB and ECB Isolates the BoJ
2022-05-26 10:10:00
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AUD/CAD Remains Strong

AUD/CAD Remains Strong

Thomas Long, Course Instructor

In spite of trading down through the recent low by a couple of pips, the AUD/CAD has found support, reversed and has moved back up through parity (1.000 level). This is bullish and reason to continue to look for buying opportunities on this pair. I would maintain that bullish bias as long as the pair remains above the .9900 level noted on the chart.

AUDCAD_body_72422d1290007235-trend-day-audcad-1117.png, AUD/CAD Remains Strong

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.

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