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Forex Market: GBP/USD trading outlook for September 30th 2016

September 30, 2016 6:58 am
Yesterday’s trade (in GMT terms) saw GBP/USD within the range of 1.2954-1.3059. The pair closed at 1.2968, edging down 0.39% compared to Wednesdays close. It has been the 188th drop in the past 349 trading days and also a second consecutive one. The major pair has increased its drop to 1.30% so far during the […] Read more

Forex Market: USD/CAD trading outlook for September 29th 2016

September 29, 2016 8:09 am
Yesterday’s trade (in GMT terms) saw USD/CAD within the range of 1.3077-1.3270. The pair closed at 1.3080, falling 0.88% compared to Tuesdays close. It has been the 167th drop in the past 348 trading days, a second consecutive one and also the steepest one since July 29th. The major pair has neutralized earlier advance and […] Read more

Major Currency Pairs: Support and Resistance Levels for September 29th 2016

September 29, 2016 7:17 am
USD/CHF R1 – 0.9714 R2 – 0.9718 R3 (Range Resistance – Sell) – 0.9723 R4 (Long Breakout) – 0.9735 R5 (Breakout Target 1) – 0.9750 R6 (Breakout Target 2) – 0.9757 S1 – 0.9706 S2 – 0.9701 S3 (Range Support – Buy) – 0.9697 S4 (Short Breakout) – 0.9685 S5 (Breakout Target 1) – 0.9670 […] Read more

Forex Market: GBP/USD trading outlook for September 29th 2016

September 29, 2016 6:53 am
Yesterday’s trade (in GMT terms) saw GBP/USD within the range of 1.2980-1.3032. The pair closed at 1.3019, inching down 0.03% compared to Tuesdays close. It has been the 187th drop in the past 348 trading days. The major pair has increased its drop to 0.91% so far during the current month, after losing 0.72% in […] Read more

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

September 28, 2016 8:29 am
Yesterday’s trade (in GMT terms) saw USD/CAD within the range of 1.3164-1.3281. The pair closed at 1.3196, edging down 0.23% compared to Mondays close. It has been the 166th drop in the past 347 trading days. The daily high has been a level unseen since March 28th, when a high of 1.3287 was registered. The […] Read more

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

September 28, 2016 7:38 am
USD/CHF R1 – 0.9714 R2 – 0.9721 R3 (Range Resistance – Sell) – 0.9727 R4 (Long Breakout) – 0.9746 R5 (Breakout Target 1) – 0.9768 R6 (Breakout Target 2) – 0.9777 S1 – 0.9702 S2 – 0.9695 S3 (Range Support – Buy) – 0.9689 S4 (Short Breakout) – 0.9670 S5 (Breakout Target 1) – 0.9648 […] Read more

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

September 28, 2016 7:08 am
Yesterday’s trade (in GMT terms) saw GBP/USD within the range of 1.2936-1.3027. The pair closed at 1.3023, edging up 0.37% compared to Mondays close. It has been the 161st gain in the past 347 trading days and also a second consecutive one. The major pair has trimmed its drop to 0.88% so far during the […] Read more

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

September 27, 2016 8:13 am
Yesterday’s trade (in GMT terms) saw USD/CAD within the range of 1.3136-1.3245. The pair closed at 1.3227, rising 0.44% compared to Fridays close. It has been the 181st gain in the past 346 trading days and also a second consecutive one. The daily high has been a level unseen since September 16th, when a high […] Read more

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

September 27, 2016 7:21 am
Yesterday’s trade (in GMT terms) saw GBP/USD within the range of 1.2916-1.2989. The pair closed at 1.2975, inching up 0.08% compared to Fridays close. It has been the 160th gain in the past 346 trading days. The daily low has been an almost exact test of the low from last Friday and also a level […] Read more

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

September 26, 2016 8:44 am
Friday’s trade (in GMT terms) saw USD/CAD within the range of 1.3030-1.3182. The pair closed at 1.3169, surging 0.97% compared to Thursdays close. It has been the 180th gain in the past 345 trading days and also the steepest one since September 13th. In weekly terms, USD/CAD lost 0.31% of its value during the past […] Read more