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Daily Global Market Update

From monetamarkets.com

The oil-dollar pair experienced a significant decline of 1.8% in the last session. The Rate of Change (ROC) indicator is giving a negative signal, suggesting potential downward pressure on the pair. The Aussie dollar pair traded sideways in the last session. Contrary to the oil-dollar pair, the Moving Average Convergence Divergence (MACD) indicator is giving a positive signal for this pair. Similarly, the euro-dollar pair traded sideways in the last session, with the MACD indicating a positive signal, suggesting stability in this pair. In line with the previous pairs, the dollar-yen pair also traded sideways in the ... (full story)

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  • Category: Technical Analysis