USD/CAD testing 200 Hour Moving Average and above this, the Fibonacci 50% level from the long term Weekly chart is looming near 1.1070. Watch for.
Forex News and Commentary by FXDD - http://forex.fxdd.com/
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USD/CAD testing 200 Hour Moving Average and above this, the Fibonacci 50% level from the long term Weekly chart is looming near 1.1070. Watch for.
Forex News and Commentary by FXDD - http://forex.fxdd.com/
The European elections did not go well for Gordon Brown’s Labour party but you are going to have to make your own mind up as to whether this is good or bad for the pound, as I’m not too sure. Cable has topped out at 1.66 and falls back towards 1.50 look on the cards but the uptrend...
I am revisiting the issue of the intermarket analysis on the day scale. The conclusion from the previous report on the subject was that, the rest of the algorithm being the same, intermarket analysis gives no advantage on this time scale and simpler analysis of the isolated markets should be...
In my opinion, trading in the forex market is one of the most exciting things in all of trading. Due to the constant changes in such a huge market the possibilities are endless. A lot of money could be made at any instant. After all you are trading money! Forex signals can be the key to helping you...
Hi everyone, for today’s presentation I stick with the majors and analyze the Pound USD, Euro USD and Euro Pound. The Pound has hit some significant support on a weekly chart so the question for us over the next 48 hours is whether we are going to see a significant pullback or is price determined...
There is a very strong bearish sell signal on the Eur/Usd as shown in the following chart: EURUSD Signal Source: Tradign...