Forex Trading Online

EURUSD- twice rejected at 200dema, key trading resistance level seems at 1.1460

The pair twice rejected at 200dema shy at 1.1400 level. The absence of the greenback strength pushes the euro towards major resistance levels. The pair has been extending the upward journey for two consecutive weeks. […]

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AUDUSD- NAB business confidence and Trade balance of China due

The Aussie dollar has been moving higher for nine consecutive days due to the absence of USD strength and the RBA rate hold factor. The cross posted a strong weekly close in 2 years closed […]

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EURCAD- 1.4600acting as a key level to watch

 The cross has been moving lower for four consecutive weeks close below 20dsma and 50dsma. The 100dema finds at 1.4475 and 100dsma at 1.4380. The 20wsma finds at 1.4440. In the hourly chart, the chart […]

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WTI- more head room available, use a dip to buy

The WTI has risen 9 percent in the previous week recorded the highest since the biggest weekly gain in August. After five consecutive weeks of consolidation, the price gave an upside break but rejected at […]

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