AUDCAD- approaching make or break level

The cross fell below the neckline in the weekly chart, extending lows. Ahead of the Canada employment data the cross is approaching weekly parallel support finds at 0.9170. The cross has been falling for four […]

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USDCHF- some more headroom available, use a dip to buy

Fed Kocherlakota:  all accounts hike in 2015 is inappropriate. During the year 2015 the Federal Reserve to maintain interest rates unchanged will promote employment; raise interest rates during 2015 will slow to 2% inflation target. […]

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GBPUSD- the cable might refresh low at 1.5180 in the least case 1.5100 possible.

The cable has been falling for eight consecutive days, close below all the daily moving averages. The weak PMI data pushed the pound lower. The Chinese slowdown and Fed rate hike factors pressure the Pound, […]

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EURUCAD- revisited the 2-month ascending trend line

  The cross has been falling more than a week expects Tuesday. The cross formed a double top twice in the daily chart. First time after 2 months, the cross close below 20Dsma. The Canadian […]

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