Forex
Forex Free Trading Tips
AUD/USD: En-Route To 0.7835; A Weekly Close Above Targets 0.81+ – NAB
Price has been captured in a parallel uptrend channel since bottoming in January 2016. More recently a series of higher lows/higher highs since the interim low in late May has re-established an interim uptrend.
Price has proven to be Read More →
Dollar slides following poor data
The US dollar slipped against its major rivals early on Wednesday after downbeat data dampened some of the momentum it had gained from last week's robust US jobs report.
The greenback, however, held its ground against the pound, which Read More →
EURCAD – Euro Preparing For Downside Break?
Key Points
- The Euro recently traded as high as 1.4628 against the Canadian dollar where the upside Read More →
Staying Bearish GBP/USD Trageting 1.24 Near-Term – BNPP
BoE MPC member, Ian McCafferty, wrote in an Op-Ed for the Times that if the UK economy performs in line with the initial survey signals, more easing would likely be required. McCafferty is viewed as the most hawkish member on Read More →