Forex Trading Online

USDCAD- the bulls must close above 1.3390 rounded to 1.3400

Ahead of the major economic events the greenback is trading above the counter pairs. We expect the US unemployment claims likely to inline with the expectations. This week economists expect 273k. We guess the trade […]

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GBPUSD- The nearest support finds at 1.5250 and 1.5169

The cable has been falling for seven consecutive days, close below all the daily moving averages. Ahead of the today’s UK services PMI the cable trading marginal higher at today’s Asia’s session. The Chinese slowdown […]

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EURUSD-below 1.1200 the pair likely to retest 1.1150

 The pair unable to support by the follow up buying after close above 200Dsma. The ADP job report strengthens the USD send the euro lower. The number of unemployed registered at the Spanish offices of […]

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AUDUSD-a daily close below 0.6930 the bear’s open doors for 0.6850, 0.6800 and 0.6750.

The Aussie dollar fell below 6-years low after the dismissal GDP data at yesterday’s session. The cross made a low at 0.6981 managed to close the day with marginal gains. Ahead of the retail sales […]

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