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Forex: USD/CAD bounces at 1.0230, back to 1.0280

After falling around 80 pips from 1.0315 to test the March low at 1.0230, the USD/CAD bounced at this level to trade back above the 1.0250 and reach levels around 1.0280. Currently the pair is trading at 1.0275, 0.17% below opening price.

The MACD, CCI and Momentum indicators are bearish while the Stochastic is bullish in the 1-hour chart. Next supports come at 1.0230, 1.0215 and 1.0200. On the upside, resistances are at 1.0290, 1.0315 and 1.0330.

Forex: EUR/USD consolidates losses below 1.3000

The single currency keeps the negative tone on Friday, dragged from the area around 1.3130 to the current lows in the proximities of 1.2985/90 after the sharp gain of the February’s Payrolls in the US economy and...
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US jobs' gain gives the dollar another boost

The dollar soared against most competitors after the US government reported a strong gain in jobs for February. US economy added 236,000 new jobs, against 160,000 expected, while the unemployment rate fell to 7.7% from 7.9% the previous month.
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