Monthly archive April, 2017

The dollar crept higher on Thursday as forex investors were cautious ahead of a two-day meeting between U.S. President Donald Trump and his Chinese counterpart Xi Jinping. The meeting could infact have geopolitical ramifications.

Trump is under pressure to Read More →

Key Points

• The Aussie dollar remained in a solid downtrend, and traded below 1.0820 against the Kiwi Dollar.
• There is a support trend line at 1.0790 on the hourly chart, which is currently preventing further losses in AUDNZD.
• Today in Read More →

Key Points

• The Euro crashed to 1.4175 against the Canadian Dollar before finding buyers.
• The EURCAD pair is currently recovering and following an ascending channel pattern with support at 1.4310 on the hourly chart.
• Today in the Euro Zone, the Read More →