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Market Sentiment At Its Lowest In 10 Months

Market Sentiment At Its Lowest In 10 Months

Stocks sold off last week…

Zombie Foreclosures On The Rise In The U.S.

Zombie Foreclosures On The Rise In The U.S.

During the quarter there were…

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USD/CAD: Strong Support Near 0.9800

USD/CAD is still under the influence of its short-term downtrend. The first resistance to monitor is the 10 August high at 0.9970.

Given the short-term oversold conditions and the significant supports area near 0.9800, we would see further short-term weakness toward the 27 April low as a good opportunity to initiate a long USD position.

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