Forex Trading Online

CADJPY- Opened below the weekly neckline, approaching bulls last hope zone

The cross extended the fall on a 3rd consecutive day. On Friday’s session, the cross fell 1.5% closed at the lowest point of the day. Today at Asia-pacific session the cross fell below the weekly […]

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EURUSD-Approaching the resistance zone 1.1470 and 1.1550

 The single currency posted strong gains, closed at 2 months high. After 14 weeks, the pair gave a strong close on a weekly basis. After the FOMC dovish minutes, the smart money shifted from USD […]

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GOLD- flag pattern aiming at $1,170.00, within resistance seems at $1,167.00

The metal posted other strong gains, manage to close above 50Dsma shy of 100Dema. Today at Asia’s session the metal manage to breach the 100Dema after the Chinese bad data.  It’s the highest level since […]

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GBPUSD- shy of 1.5700 unable close above 1.5720

The cable extended the gains on 3rd consecutive day, but unable to breach Tuesday’s high shy of 1.5700 mark. The highest close ever recorded in 2 months. The UK retail sales Year-on-year estimates of the […]

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