USDCAD- BOC likely to hold interest rates

World Bank Chief Economist: Fed should be postponed to raise interest rates after the global economy improves. CFTC: September 1 week speculators dollar long positions to further reductions over year low; Ahead of the BOC […]

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EURCAD- Poloz to wait for the Fed move.

 The cross made multiple tops in the weekly chart fell below 20Dsma. Today the cross rejected at 20Dsma trading with 0.3% losses. Ahead of the BOC rate decision, building permits and housing starts the loonie […]

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USDCHF- approaching strong resistance zone

The pair breach 3-day consolidation zone on the higher end close with 0.5% gains at yesterday’s session. The 100Msma seems at 0.9885 rounded to 0.9900 and 100Mema seems at 1.1010. The January 2015 high was […]

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EURUSD- twice rejected at 20dsma seems at 1.1230

The euro advanced against the greenback for 3 consecutive sessions, manage to closes above 100s&ema. At yesterday’s session, the pair rejected at 20Dsma. A rapid rise in euro taken place at yesterday’s Asia’s session. Today […]

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