Forex
Forex Free Trading Tips
EUR/GBP: Make Or Break At 0.8854 – Credit Suisse
Credit Suisse Technical FX Strategy Research argues that if EUR/GBP bounce stays above .8790, it can turn attention to a more important barrier at .8852/54 – the January 2017 high and the 50% retracement of the October/December 2016 fall.
Read More →Pound tumbles as polls predict hung parliament
The British pound tumbled after an exit poll from Thursday's UK election showed Theresa May's Conservative party may have lost its majority in the British Parliament, surrendering large gains to Jeremy Corbyn's Labour party.
Although Conservatives remain the largest Read More →
CADJPY – Canadian Dollar Poised For More Declines Vs Japanese Yen
Key Points
- The Canadian Dollar is trading below a key support area at 81.50 against the Japanese Yen.
- There is a descending channel pattern with support at 80.85 formed on the hourly chart of CADJPY.
- Today in Japan, the Trade Read More →
EUR: ECB Drops Rate Cut Bias; What’s Next? – ANB AMRO
ABN AMRO FX Strategy Research comments on today's ECB meeting in which the ventral bank changed its forward guidance, dropping the easing bias in terms of interest rates, in what is the first step in the path towards the exit Read More →