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Forex Market: USD/CAD trading outlook for Friday (November 18th 2016)

November 18, 2016 8:27 am
Yesterday’s trade (in GMT terms) saw USD/CAD within the range of 1.3400-1.3516. The pair closed at 1.3507, edging up 0.49% compared to Wednesdays close. It has been the 203rd gain in the past 384 trading days and also the steepest one since November 11th. The major pair has extended its advance to 0.73% during the […] Read more

Major Currency Pairs: Support and Resistance Levels for November 18th 2016

November 18, 2016 7:35 am
USD/CHF R1 – 1.0077 R2 – 1.0084 R3 (Range Resistance – Sell) – 1.0092 R4 (Long Breakout) – 1.0115 R5 (Breakout Target 1) – 1.0141 R6 (Breakout Target 2) – 1.0153 S1 – 1.0061 S2 – 1.0054 S3 (Range Support – Buy) – 1.0046 S4 (Short Breakout) – 1.0023 S5 (Breakout Target 1) – 0.9997 […] Read more

Forex Market: USD/CAD trading outlook for Thursday (November 17th 2016)

November 17, 2016 8:17 am
Yesterday’s trade (in GMT terms) saw USD/CAD within the range of 1.3405-1.3507. The pair closed at 1.3441, inching down 0.04% compared to Tuesdays close. It has been the 181st drop in the past 383 trading days and also a second consecutive one. The daily low has been a level not seen since November 10th, when […] Read more

Major Currency Pairs: Support and Resistance Levels for November 17th 2016

November 17, 2016 7:40 am
USD/CHF R1 – 1.0031 R2 – 1.0038 R3 (Range Resistance – Sell) – 1.0045 R4 (Long Breakout) – 1.0065 R5 (Breakout Target 1) – 1.0089 R6 (Breakout Target 2) – 1.0100 S1 – 1.0017 S2 – 1.0010 S3 (Range Support – Buy) – 1.0003 S4 (Short Breakout) – 0.9983 S5 (Breakout Target 1) – 0.9959 […] Read more