Forex
Forex Free Trading Tips
USD/CAD: Loonie Strength To Send BoC To The Sidelines; Where To Target? – CIBC
CIBC FX Strategy Research argues that while CAD strength could extend towards a temporarily closing in on 1.25, it will also be a key factor in sending the BoC to the sidelines, letting a Fed hike in December re-widen interest Read More →
USD at 10-month lows as Washington struggles to push new Healthcare reform
Washington continues to struggle to replace the existing health care bill as two other Republicans (4 so far) anounced they will not vote in favour of the Republican-proposed health care bill. If we zoom out of to get back to Read More →
EURUSD – Euro Placed Well Above 1.1500 Vs US Dollar
Key Points
- The Euro moved higher during the past few sessions and settled above 1.1500-20 against the US Dollar.
- There is a key bullish trend line with support at 1.1510 forming on the hourly chart of EURUSD.
- Recently in the Read More →
GBPJPY – British Pound Dives Vs Japanese Yen Post Disappointing UK’s CPI
Key Points
- The British Pound tumbled recently and moved below the 146.70 support against the Japanese Yen.
- There was a break below a major bullish trend line with support at 146.70 on the hourly chart of GBPJPY.
- Today in the Read More →
