Forex Trading Online

EURUSD-Approaching the resistance zone 1.1470 and 1.1550

 The single currency posted strong gains, closed at 2 months high. After 14 weeks, the pair gave a strong close on a weekly basis. After the FOMC dovish minutes, the smart money shifted from USD […]

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GOLD- flag pattern aiming at $1,170.00, within resistance seems at $1,167.00

The metal posted other strong gains, manage to close above 50Dsma shy of 100Dema. Today at Asia’s session the metal manage to breach the 100Dema after the Chinese bad data.  It’s the highest level since […]

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GBPUSD- shy of 1.5700 unable close above 1.5720

The cable extended the gains on 3rd consecutive day, but unable to breach Tuesday’s high shy of 1.5700 mark. The highest close ever recorded in 2 months. The UK retail sales Year-on-year estimates of the […]

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EURCHF- trading in a tight range, resistance seems at 1.0815 and 1.0850

Ahead of the PMI data the euro is trading higher against more counterparts.  Earlier the cross managed to close above all daily moving averages. But lack follows up buying drags the cross towards the support […]

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