EURCAD- ahead of series of major events, likely to re-test support levels

 The oil price boosted yesterday’s trading with weekly gains and pause the 8-weeks sell off. The US GDP increased at an annual rate of 3.7 percent in the second quarter of 2015. In the first […]

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AUDNZD- ahead of the major events the cross consolidating in a tight range

Upcoming data: NZD- ANZ business confidence on Monday and Tuesday Global Dairy prices AUD- Building approvals on Monday, Tuesday RBA Cash rate and GDP and retail sales due on Wednesday. The upcoming week starts with […]

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WTI- A daily close above 42.30 bulls aim at 45.00

The oil price boosted yesterday’s trading with weekly gains and paused the 8-weeks sell off. We have been advising the bottom might be around 37.80 and 37.50 rounded to 37.00. The oil made low at […]

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EURAUD- buyers sl 1.5830, bulls back on track above 1.6030

Australian private new capital expenditure in the second quarter qoq -4.0% -2.5% expected, -4.4% before correction from -4.7%. After the news hits the wires in Asia’s session the cross took the parallel support changed the […]

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