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Forex Market: USD/CAD trading outlook for October 28th 2016

October 28, 2016 8:25 am
Yesterday’s trade (in GMT terms) saw USD/CAD within the range of 1.3352-1.3408. The pair closed at 1.3386, inching up 0.04% compared to Wednesdays close. It has been the 193rd gain in the past 369 trading days and also a third consecutive one. The daily high has been a level not seen since March 9th, when […] Read more

Forex Market: GBP/USD trading outlook for October 28th 2016

October 28, 2016 7:15 am
Yesterday’s trade (in GMT terms) saw GBP/USD within the range of 1.2148-1.2274. The pair closed at 1.2162, retreating 0.70% from Wednesdays close. It has been the 200th drop in the past 369 trading days and also the steepest one since October 11th. The major pair has extended its slump to 6.29% so far during the […] Read more

Major Currency Pairs: Support and Resistance Levels for October 28th 2016

October 28, 2016 6:42 am
USD/CHF R1 – 0.9940 R2 – 0.9944 R3 (Range Resistance – Sell) – 0.9948 R4 (Long Breakout) – 0.9959 R5 (Breakout Target 1) – 0.9973 R6 (Breakout Target 2) – 0.9978 S1 – 0.9932 S2 – 0.9928 S3 (Range Support – Buy) – 0.9924 S4 (Short Breakout) – 0.9913 S5 (Breakout Target 1) – 0.9899 […] Read more

Forex Market: USD/CAD trading outlook for October 27th 2016

October 27, 2016 8:12 am
Yesterday’s trade (in GMT terms) saw USD/CAD within the range of 1.3314-1.3386. The pair closed at 1.3380, edging up 0.22% compared to Tuesdays close. It has been the 192nd gain in the past 368 trading days and also a second consecutive one. The major pair has extended its advance to 1.92% so far during the […] Read more

Forex Market: GBP/USD trading outlook for October 27th 2016

October 27, 2016 7:18 am
Yesterday’s trade (in GMT terms) saw GBP/USD within the range of 1.2156-1.2251. The pair closed at 1.2248, edging up 0.48% compared to Tuesdays close. It has been the 169th gain in the past 368 trading days and also the steepest one since October 18th. The major pair has trimmed its slump to 5.62% so far […] Read more

Major Currency Pairs: Support and Resistance Levels for October 27th 2016

October 27, 2016 6:47 am
USD/CHF R1 – 0.9941 R2 – 0.9946 R3 (Range Resistance – Sell) – 0.9952 R4 (Long Breakout) – 0.9969 R5 (Breakout Target 1) – 0.9988 R6 (Breakout Target 2) – 0.9996 S1 – 0.9929 S2 – 0.9924 S3 (Range Support – Buy) – 0.9918 S4 (Short Breakout) – 0.9901 S5 (Breakout Target 1) – 0.9882 […] Read more

Forex Market: USD/CAD trading outlook for October 26th 2016

October 26, 2016 8:19 am
Yesterday’s trade (in GMT terms) saw USD/CAD within the range of 1.3278-1.3373. The pair closed at 1.3351, edging up 0.48% compared to Mondays close. It has been the 191st gain in the past 367 trading days. The major pair has extended its advance to 1.70% so far during the current month, following a 0.18% gain […] Read more

Forex Market: GBP/USD trading outlook for October 26th 2016

October 26, 2016 7:29 am
Yesterday’s trade (in GMT terms) saw GBP/USD within the range of 1.2083-1.2246. The pair closed at 1.2190, edging down 0.40% compared to Mondays close. It has been the 199th drop in the past 367 trading days and also the steepest one since October 14th. The daily low has been a level not seen since the […] Read more

Major Currency Pairs: Support and Resistance Levels for October 26th 2016

October 26, 2016 6:40 am
USD/CHF R1 – 0.9950 R2 – 0.9956 R3 (Range Resistance – Sell) – 0.9963 R4 (Long Breakout) – 0.9983 R5 (Breakout Target 1) – 1.0006 R6 (Breakout Target 2) – 1.0015 S1 – 0.9936 S2 – 0.9930 S3 (Range Support – Buy) – 0.9923 S4 (Short Breakout) – 0.9903 S5 (Breakout Target 1) – 0.9880 […] Read more

Forex Market: USD/CAD trading outlook for October 25th 2016

October 25, 2016 8:16 am
Yesterday’s trade (in GMT terms) saw USD/CAD within the range of 1.3285-1.3399. The pair closed at 1.3287, edging down 0.38% compared to Fridays close. It has been the 176th drop in the past 366 trading days. The daily high has been a level not seen since March 16th, when a high of 1.3407 was registered. […] Read more