Forex Trading Online

GBPUSD- The pattern set up to re-visit the earlier high, if ceiling taken out

The cable extended the gains on 2nd consecutive day as well, but unable to breach Tuesday’s high shy of 1.5700 marks. The optimistic CPI data raise the BoE rate hike, encouraged the pound bulls to […]

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EURUSD- Aiming at 1.1200 initially, later likely to stretch towards 1.1400.

The pair paused the 4-days losing streak manage to hold the 20Dsma, gained almost 1%. The FOMC minutes do not have September hike. The impact of Euro: In June 2015 the current account of the […]

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AUDCAD- Trading near strong support zone if taken out, panic looms

The oil price bounce helps the loonie to stay higher for three consecutive sessions. Today at Asia’s session the cross fell below 50Dsma made a low at 0.9544, trading at 0.9550. The weekly support finds […]

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EURUSD- Trading near support level below 1.0990 panic looms

The euro extended the fall in a fourth consecutive day as well against the greenback. US housing starts highest in nearly eight years. BoE Miles says, “Greece and China still pose a risk to the […]

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