Forex Trading Online

WTI- firmly holding above 20dsma

The US oil has been consolidating in a tight range re-testing the support level 43.20 for consecutive 3 weeks. ANZ: cut 2015 Brent forecast to $ 54 / bbl; cut 2015 WTI crude oil price […]

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USDCHF- Buying above 0.9730 aims at 0.9765 and strong momentum backs above 0.9770

The USD managed to erases the FOMC day losses on the Friday’s session against CAD, SGD & CHF but remains lower against JPY. San Francisco Fed President Williams a speech on Saturday, he said he […]

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EURUSD- week wrapped with macro events, ECB on lime light

The much awaited FOMC outcome unable to meet the traders and economists expectations, euro edge higher re-test 50Wsma. The euro again rejected at 50Wsma 1.1460 closed with mild losses. In Greece parliamentary election Alexis Tsipras […]

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USDCAD- Canadian CPI likely to drive towards 1.3330 or 1.3050.

Foreign media news: OPEC mid-term report that in 2017 non-OPEC output is estimated at 5820 million barrels / day, compared to the previous forecast by 100 million barrels / day. OPEC expects oil prices will […]

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