Forex Trading Online

USDJPY- minor triangle break out given, knocking door at ascending triangle break out

The pair posted strong gains at yesterday’s session manage to close above 200Dema. The US durable goods data boosted the greenback against most majors and counterparts. The headline durable goods orders rose 2% in July […]

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CABLE- ahead of the U.S prelim GDP & tomorrow’s UK’s estimate GDP price approaching crucial support zone

The cable posted a big drop in price at yesterday’s session followed by Monday’s selling. The follow up selling pushed the cable below the important support levels in the daily chart. The US durable goods […]

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EURUSD- approaching the support zone, intraday selling accelerates below 1.1240

The pair fell below 1.1300, refreshed daily low 1.1292 fell below 200Dema and 200Dsma. The US durable goods data boosted the greenback gainst most majors. The headline durable goods orders rose 2% in July and […]

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GOLD- The metal truncated the ascending trend line and unable to close above that.

  The precious metal extended the fall on a 2nd consecutive day, twice rejected at 100Dsma and closed below 100Dema at yesterday’s session. JP Morgan Chase: The Fed rate hike in September have been less […]

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