Forex Trading Online

EURUSD- NFP likely to push further lower 1.1050 or 1.0980

The euro extended the fall against the greenback on a second consecutive day after Draghi’s speech. The pair fell below 20&100dsma, managed to hold the 50Dsma and close above 50&100dsma. Goldman Sachs: expect the ECB […]

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EURJPY- aiming neckline?

Traders eye ECB press conference and interest rate decision. We expect the policy remains unchanged. The ECB press conference likely to highlights the inflationary pressures. The fall in the oil prices pressures the ECB to […]

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GOLD- ahead of major economic events trading mild above support level

The metal pause the 3-day rally but remains above 20&50Dsma. Ahead of today and tomorrow’s major economic events the metal trading with marginal losses. The world’s largest gold ETF – SPDR Gold Trust holdings held […]

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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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