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US House of Representatives approve $4.7B disaster aid

Note: This section contains information in English only.
Source: Dukascopy Bank SA
On Friday, the US House of Representatives passed legislation that provides disaster aid of nearly $4.7B to Puerto Rico.
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10 Feb 2020

AUD/NZD 4H Chart: Breakout occurs

Indicator4H1D1W MACD(12;26;9)BuyBuySell RSI(14)NeutralNeutralNeutral Stochastic(5;3;3)NeutralNeutralNeutral Alligator(13;8;5)BuyBuySell SAR(0.02;0.2)BuyBuySell Aggregate⇗⇗⇘ [ANNOUNCE]The Australian Dollar has surged by 1.44% in value against the New Zealand Dollar since January 27. A breakout occurred through the upper boundary of a descending channel pattern during the morning hours of Monday's trading session. [/ANNOUNCE]Given that a breakout had occurred, the AUD/NZD currency pair will most likely continue to trade bullish

07 Feb 2020

USD/ILS 1H Chart: Falling wedge pattern in sight

Indicator4H1D1W MACD(12;26;9)SellSellSell RSI(14)BuyBuyNeutral Stochastic(5;3;3)BuyBuyBuy Alligator(13;8;5)SellSellSell SAR(0.02;0.2)SellSellSell Aggregate⇒⇒⇘ [ANNOUNCE] The USD/ILS exchange rate continued to decline within the falling wedge pattern (4H time-frame chart). Currently, the rate is testing the lower pattern line. [/ANNOUNCE] From a theoretical point of view, it is likely that the currency pair could trade downwards within the given pattern until March. However, note that the exchange rate is

07 Feb 2020

USD/MXN 1H Chart: Two scenarios likely

Indicator4H1D1W MACD(12;26;9)SellSellSell RSI(14)NeutralNeutralNeutral Stochastic(5;3;3)NeutralBuyNeutral Alligator(13;8;5)SellSellSell SAR(0.02;0.2)BuySellSell Aggregate⇒⇘⇘ [ANNOUNCE] The USD/MXN currency pair has been trading downwards within the descending channel since the middle of January. Currently, the pair is trading at the 18.70 level. [/ANNOUNCE] From a theoretical perspective, it is likely that the exchange rate could continue to trade downwards within the given channel in the medium term. Note that the