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Forex Market: USD/CAD trading outlook for October 20th 2016

October 20, 2016 8:09 am
Yesterday’s trade (in GMT terms) saw USD/CAD within the range of 1.3006-1.3143. The pair closed at 1.3115, rebounding 0.05% from Tuesdays close. It has been the 188th gain in the past 363 trading days, but yet, the smallest one since August 31st. The daily low has been a level not seen since September 22nd, when […] Read more

Forex Market: GBP/USD trading outlook for October 20th 2016

October 20, 2016 7:12 am
Yesterday’s trade (in GMT terms) saw GBP/USD within the range of 1.2253-1.2333. The pair closed at 1.2285, edging down 0.11% compared to Tuesdays close. It has been the 196th drop in the past 363 trading days. The daily high has been a level not seen since October 11th, when a high of 1.2378 was registered. […] Read more

Major Currency Pairs: Support and Resistance Levels for October 20th 2016

October 20, 2016 6:46 am
USD/CHF R1 – 0.9894 R2 – 0.9897 R3 (Range Resistance – Sell) – 0.9900 R4 (Long Breakout) – 0.9910 R5 (Breakout Target 1) – 0.9921 R6 (Breakout Target 2) – 0.9925 S1 – 0.9888 S2 – 0.9885 S3 (Range Support – Buy) – 0.9882 S4 (Short Breakout) – 0.9872 S5 (Breakout Target 1) – 0.9861 […] Read more

Forex Market: USD/CAD trading outlook for October 19th 2016

October 19, 2016 8:15 am
Yesterday’s trade (in GMT terms) saw USD/CAD within the range of 1.3055-1.3141. The pair closed at 1.3109, edging down 0.14% compared to Mondays close. It has been the 175th drop in the past 362 trading days and also a fourth consecutive one. The daily low has been a level not seen since September 29th, when […] Read more

Forex Market: GBP/USD trading outlook for October 19th 2016

October 19, 2016 7:35 am
Yesterday’s trade (in GMT terms) saw GBP/USD within the range of 1.2177-1.2327. The pair closed at 1.2298, soaring 0.94% compared to Mondays close. It has been the 167th gain in the past 362 trading days and also the sharpest one since September 6th. The daily high has been an exact test of the high from […] Read more

Major Currency Pairs: Support and Resistance Levels for October 19th 2016

October 19, 2016 6:55 am
USD/CHF R1 – 0.9903 R2 – 0.9908 R3 (Range Resistance – Sell) – 0.9912 R4 (Long Breakout) – 0.9926 R5 (Breakout Target 1) – 0.9942 R6 (Breakout Target 2) – 0.9948 S1 – 0.9895 S2 – 0.9890 S3 (Range Support – Buy) – 0.9886 S4 (Short Breakout) – 0.9872 S5 (Breakout Target 1) – 0.9856 […] Read more

Forex Market: USD/CAD trading outlook for October 18th 2016

October 18, 2016 8:26 am
Yesterday’s trade (in GMT terms) saw USD/CAD within the range of 1.3119-1.3184. The pair closed at 1.3128, inching down 0.08% compared to Fridays close. It has been the 174th drop in the past 361 trading days and also a third consecutive one. The major pair has pared its advance to a mere 0.01% so far […] Read more

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

October 18, 2016 7:49 am
USD/CHF R1 – 0.9893 R2 – 0.9897 R3 (Range Resistance – Sell) – 0.9900 R4 (Long Breakout) – 0.9911 R5 (Breakout Target 1) – 0.9923 R6 (Breakout Target 2) – 0.9929 S1 – 0.9887 S2 – 0.9883 S3 (Range Support – Buy) – 0.9879 S4 (Short Breakout) – 0.9869 S5 (Breakout Target 1) – 0.9857 […] Read more

Forex Market: GBP/USD trading outlook for October 18th 2016

October 18, 2016 7:10 am
Yesterday’s trade (in GMT terms) saw GBP/USD within the range of 1.2136-1.2204. The pair closed at 1.2183, inching down 0.03% compared to Fridays close. It has been the 195th drop in the past 361 trading days and also a second consecutive one. The major pair has extended its slump to 6.13% so far during the […] Read more

Forex Market: USD/CAD trading outlook for October 17th 2016

October 17, 2016 8:10 am
Friday’s trade (in GMT terms) saw USD/CAD within the range of 1.3103-1.3221. The pair closed at 1.3139, edging down 0.40% compared to Thursdays close. It has been the 173rd drop in the past 360 trading days and also a second consecutive one. The daily low has been a level not seen since October 3rd, when […] Read more