GBPUSD- aiming at 1.5450 and 1.5500 strong resistance seems at 1.5540

The cable made a double bottom gained over 2% in this week, closed above 200Dsma. The weak US dollar helped the pound bulls to edge higher at yesterday’s session as well. Today it is a […]

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AUDUSD- month support finds at 0.6850, buy on dips favors the near term trend

The Aussie dollar successfully utilizes the opportunity from the weaker dollar, closed with 1.4% gains. Australian NAB business confidence index on August 11, before the value 6. Australian NAB business confidence index on August 1, […]

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USDCAD- multiple tops are formed between 1.3310 and 1.3330

CFTC: September 1 week speculators dollar long positions to further reductions over year low; San Francisco Fed President: risk faded as the Fed will raise interest rates this year. Fed’s Williams: US economy close to […]

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EURAUD- business confidence data boosted the AUD

At Asia’s session, the Australia business confidence readings hit the wires. Australian NAB business confidence index on August 11, before the value 6. Australian NAB business confidence index on August 1, before the value of […]

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