Forex Trading Online

USDCAD-After 4 months, the bears manages to close below 20&50sma

Total non-farm payroll employment increased by 142,000 in September, and the unemployment rate was unchanged at 5.1 percent, the U.S. Bureau of Labor Statistics reported on Friday. Traders today eye ISM non-manufacturing PMI data. In […]

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SILVER- approaching crucial resistance, if taken off $16.00 on cards

The metal posted 5% gain after the disaster NFP data retested 20wsma. For 3 consecutive weeks, the price has been knocking at 20wsma but still remains below that seems at 15.30. Total nonfarm payroll employment […]

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EURUSD- symmetrical triangle in progress

Portugal’s ruling coalition won the October 4th general election victory, but did not win an absolute majority in parliament’s 116 seats must. Besides, set of macro events are scheduled for release during the week. Today […]

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AUDNZD- central banks divergence supports the cross bulls.

The divergence between the RBA and RBNZ favors the cross-buying on dips. The RBA on the rate holds side and RBNZ on the rate cut side. The fundamental divergence has been producing choppy price action. […]

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