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USDCAD – US Dollar Approaching Crucial Support Vs Canadian Dollar

Key Points

  • The US Dollar moved towards 1.3650 against the Canadian Dollar before finding resistance.
  • The USDCAD pair moved down, and broke a bullish trend line at 1.3557 on the hourly chart.
  • Recently in Canada, the Retail Sales for Feb Read More →

AUDUSD – Aussie Dollar Remains Below Crucial Resistance Vs USD

Key Points

  • The Australian Dollar is currently correcting higher, but may find sellers near 0.7490-0.7500 against the US Dollar.
  • There is a major bearish trend line with resistance at 0.7505 formed on the hourly chart of AUDUSD.
  • Today in Australia, Read More →

JPY: Trading The BoJ – Views From Major Banks

The following are brief expectations for the BoJ April meeting statement as compiled from the related research reports of 6 major banks. Overall, they see the BoJ meeting as a non-event with muted FX reaction.

Credit Agricole Research: Read More →

EURCHF – Euro In Clear Uptrend Vs Swiss Franc

Key Points

  • The Euro made a nice upside move above 1.0850 against the Swiss Franc, and remains in an uptrend.
  • The EURCHF pair has formed an ascending channel with support at 1.0850 on the hourly chart.
  • Today in Switzerland, the Read More →

Investoo Group Acquires Leading Financial News Portal Invezz.com

Investoo Group, one of the world’s biggest FX trading affiliates, has acquired Invezz.com in order to extend its reach into the financial trading the industry.

Founded in 2012, Invezz, is a leading financial news site and peer review marketplace for Read More →