Forex
Forex Free Trading Tips
EURAUD – Euro Just Turned Bearish Vs Aussie Dollar
Key Points
- The Euro after trading as high as 1.4335 found resistance against the Aussie dollar and moved down.
- There is a major bearish trend line with resistance at 1.4240 on the hourly chart of EURAUD, acting as a hurdle Read More →
Euro remains bid as French elections looms
The euro stood near a three-week high against the US dollar on Thursday as forex traders dismissed broad bets against the single currency ahead of the first round of the French presidential elections on Sunday.
The dollar shook off Read More →
CAD: Upside Risk Into CPI; GBP: Move Looks Out-sized – Citi
CitiFX Strategy Research notes that Canada's CPI on Friday is the major domestic highlight, with risks skewed towards CAD appreciation.
"Investors would take this as indication that the BoC will be forced to accelerate its shift towards the hawkish Read More →
Euro shows resilience ahead of French first round of presidnetial voting
The USD recovered some of the previously lost ground yesterday but has so far failed to recover 100 levels on the US Dollar index (DXY), the DXY is an index measuring dollar strength against a basket of currencies. DXY is Read More →