Forex Trading Online

EURUSD- Whats on today?

Ahead of US jobs data the euro is hovering above the bulls last hope support finds at 1.0790. US economic events:  Focus on NFP and unemployment rate Nonfarm payrolls:  The last four NFP were printed […]

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CADCHF- employment data in focus

The 200dema has been teasing for 3 consecutive days on a closing basis. The cross facing another strong resistance at 50wsma seems at 0.7630 levels as of now high made 0.7607. Traders eye Canada’s October […]

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RBA statement on Monetary Policy

The RBA has been attracting the traders focus in this week. Tuesday RBA left interest rates unchanged and today RBA statement on monetary policy. Some of the economists expect RBA likely to downgrade the economic growth […]

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GBPUSD- BoE downgraded the forecast

BoE inflation report: the first rate hike is expected early in 2017. CPI pressure is not enough to make most of the MPC members considered the need to raise interest rates. CPI is expected to […]

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