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Forex Market: USD/CAD daily trading signals

December 23, 2015 9:01 am
On Wednesday USD/CAD long positions should be opened above the hourly 55-period Exponential Moving Average (1.3925) with targets set in proximity to December 22nd high of 1.3967 and stops placed just below the hourly 100-period EMA (1.3890-1.3900 area). Short positions, on the other hand, could be opened below the low from December 22nd (1.3913) with […] Read more

Forex Market: USD/CAD daily trading signals

December 22, 2015 9:32 am
On Tuesday USD/CAD long positions should be opened above the hourly 21-period Exponential Moving Average (1.3944) with targets set in proximity to December 21st high of 1.3995 and stops placed just below the hourly 50-period EMA (1.3915-1.3925 area). Short positions, on the other hand, could be opened below the low from December 21st (1.3910) with […] Read more

Forex Market: USD/CAD daily trading outlook

December 21, 2015 10:29 am
Friday’s trade saw USD/CAD within the range of 1.3851-1.4001. The pair closed at 1.3955, rising 0.13% on a daily basis, while marking its third consecutive trading day of gains. The daily high has been the highest level since May 18th 2004, when a high of 1.4004 was registered. in weekly terms, USD/CAD added 1.45% last […] Read more

Forex Market: AUD/JPY trading outlook for December 21st

December 20, 2015 10:33 am
Friday’s trade saw AUD/JPY within the range of 86.16-87.99. The pair closed at 86.94, falling 0.48% on a daily basis, while extending the loss from Thursday. The daily low has been an exact test of the low from November 3rd 2015. In weekly terms, AUD/JPY added a meager 0.06% during the current week, following a […] Read more

Forex Market: NZD/JPY trading outlook for December 21st

December 19, 2015 1:40 pm
Friday’s trade saw NZD/JPY within the range of 81.17-82.57. The pair closed at 81.54, falling 0.63% on a daily basis, while extending the loss from Thursday. The daily low has been the lowest level since December 14th, when a low of 80.90 was registered. In weekly terms, NZD/JPY added 0.34% during the current week, following […] Read more

Forex Market: USD/CAD daily trading outlook

December 18, 2015 9:34 am
Yesterday’s trade saw USD/CAD within the range of 1.3774-1.3987. The pair closed at 1.3930, surging 1.08% on a daily basis and extending the gain from Wednesday. The daily high has been the highest level since May 18th 2004, when a high of 1.4004 was registered. The loonie has depreciated 4.15% against the greenback so far […] Read more

Forex Market: USD/CAD daily trading outlook

December 17, 2015 9:41 am
Yesterday’s trade saw USD/CAD within the range of 1.3724-1.3849. The pair closed at 1.3794, gaining 0.47% on a daily basis. It has been the first gain in the past three trading days. The daily high has been the highest level since May 19th 2004, when a high of 1.3921 was registered. At 9:37 GMT today […] Read more

Forex Market: USD/CAD daily trading outlook

December 16, 2015 9:44 am
Yesterday’s trade saw USD/CAD within the range of 1.3669-1.3767. The pair closed at 1.3729, shedding 0.03% on a daily basis and extending the loss from Monday. The loonie has depreciated 3.06% against the greenback so far during the current month. At 9:36 GMT today USD/CAD was gaining 0.27% for the day to trade at 1.3771. […] Read more

Forex Market: GBP/USD daily trading outlook

December 16, 2015 7:36 am
Yesterday’s trade saw GBP/USD within the range of 1.5025-1.5186. The pair closed at 1.5045, falling 0.64% on a daily basis, or the most since December 2nd, when it slumped 0.86%. It has been the fifth drop in the past seven trading days and also a second consecutive one. The daily low has been the lowest […] Read more