Forex Trading Online

USDCHF- in the hourly chart, the pair truncated a week ascending trend line.

The pair has been facing strong resistance at 20 Dsma for four consecutive days. The disappointed PMI data pushed the pair “The August PMI® registered 51.1 percent, a decrease of 1.6 percentage points from the […]

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GOLD- ahead of ADP Non-farm payroll numbers, metal is trading near support levels

The metal extended gains on a consecutive third day. The metal managed to close above 20& 50Dsma. The China PMI data again spread the slowdown clouds to the equity markets. Investors shifted the focus to […]

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EURCAD-exactly rejected at descending hourly trend line.

After falling for five consecutive months, real gross domestic product rose 0.5% in June. The Q2 data put Canada for a better Q3. Canada slowly approaching to the 2015 Canadian federal election will be held […]

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AUDUSD- ahead of the GDP data, trading above support level 0.7000

Ahead of the Australia GDP data, the Aussie dollar marginal higher against the greenback. At yesterday’s session, the AUD prints deep fall after 5 sessions. The Chinese data weighed the AUD. The China slowdown puts […]

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