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(Reuters) - Group of Seven nations will voice their determination to fight the economic hit of the coronavirus but stop short of directly calling for new government spending or coordinated central bank interest rate cuts, two G7 officials said on Tuesday.
As the widening epidemic stokes fears of a global recession, finance ministers and central bank governors of the G7 major economies will issue a statement after their conference call scheduled at 1200 GMT on Tuesday.
In the statement, G7 countries will pledge to work together to mitigate the damage to their economies from the fast-spreading epidemic, one of the G7 officials told Reuters on condition of anonymity due to the sensitivity of the matter.
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Another G7 source said G7 members would voice their determination for joint coordinated action, if needed, to limit the impact of the coronavirus on the global economy. Both sources said they would stop short of directly calling for concrete fiscal and monetary measures right now.
“We are still very much at the beginning of the outbreak. And it is not yet possible to predict how the epidemic will develop. So the impression is that it’s still too early for such a step,” said the second G7 source.
The news disappointed some investors who had hoped for more explicit measures of support by the major industrial powers.
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Fed to be the first to raise interest rates
Fed adding liquidity to the short-term repo market
Markets have not priced-in future hawkish developments
An hawkish hike with Fed officials are divided
Liquidity shortfall pushed the repo rate up
Other Central Banks easing will offset the Fed easing cycle
The US dollar still being the carry king
Serious concerns about the overall health of the global economy
The fed was not as dovish as the market had anticipated
The safe haven in the next financial crisis between 2020 and 2023
Solid US data to confirm case for only a modest easing cycle
Intervention attempts may backfire and lead to a big USD rally
US yields are likely to remain above that of other nations’
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USDCAD expected to rise up to 1st resistance at 1.33588 where it could potentially react off and drop down to 1st support at 1.33062. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
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Today i will discuss this pair......
In this pair eveverybody know about this it. upward and downward movement.. ..
I see the daily chart that indicate complete downtrend of this pair.
Exponential Moving Average (10) :
Simple Moving Average (18) :
Exponential Moving Average (28) :
Simple Moving Average (35) :
Exponential Moving Average (54) :
. The list of indicator those i uses are as follows.
Parabolic SR
moving average 10
Moving average 60
Moving average 200
MACD Future
Fibo piv-2
These indicators are Most important for me and my trading know off. Everyday i am using these indicator .and earn a good profit.
Please like my post
🌷Thanks you very much🎋
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Pair: usd/cad
Today indicators shown bearish short terms trend.
Pivot Point : 1.3297
Supporting Levels:
Support 1: 1.2878
Support 2: 1.2890
Support 3: 1.2789
TREND: BULLISH
Resistance Levels:
Resistance 1: 1.3300
Resistance 2: 1.3310
Resistance 3: 1.3319
When today the market is opened then showing up and supporting levels are also available here its not remain here this pair because h4 telling here down side that is up trends
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Today market analysis and trend:sell
Indicators and Moving average market ke down hony ka bata rahe hain
Resistance and Support points se bhi market down hoti nazar a ri hai
Hamain sell main trade lagani chahiye
BesT Of LucK
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Today market analysis and trend:sell
Indicators and Moving average market ke down hony ka bata rahe hain
Resistance and Support points se bhi market down hoti nazar a ri hai
Hamain sell main trade lagani chahiye
BesT Of LucK
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Today i am going to discuss this pair in my own justification and analysis. I think this pair i the most. Faverable pair in the forex market .
Thats reason why i using this pair for my profitable trade
Technical analysis on basis of these indicators
Parabolic sar
Fivo piv
Moving everages
And also RSI
So best of luck for the comferm trade .
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Usd/Cad I agree with your analysis on pair. It is being traded in this channel for very long time now and the overall trend will remain bullish but now it is expected that it will make the bearish move and will test the support of this rising channel
