Forex Trading Online

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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GBPUSD- The nearest support finds at 1.5250 and 1.5169

The cable has been falling for seven consecutive days, close below all the daily moving averages. Ahead of the today’s UK services PMI the cable trading marginal higher at today’s Asia’s session. The Chinese slowdown […]

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