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Forex Market: USD/CAD trading outlook for October 3rd 2016

October 3, 2016 9:05 am
Friday’s trade (in GMT terms) saw USD/CAD within the range of 1.3087-1.3195. The pair closed at 1.3128, edging down 0.14% compared to Thursdays close. It has been the 168th drop in the past 350 trading days. In weekly terms, USD/CAD lost 0.31% of its value during the past week. It has been the 25th drop […] Read more

Forex Market: GBP/USD trading outlook for October 3rd 2016

October 3, 2016 7:14 am
Friday’s trade (in GMT terms) saw GBP/USD within the range of 1.2937-1.3024. The pair closed at 1.2978, inching up 0.08% compared to Thursdays close. It has been the 162nd gain in the past 350 trading days. The daily low has been an almost exact test of the low from September 27th. In weekly terms, GBP/USD […] Read more

Exotic Currency Pairs: Support and Resistance Levels for October 3rd 2016

October 2, 2016 7:54 am
USD/SGD R1 – 1.3629 R2 – 1.3633 R3 (Range Resistance – Sell) – 1.3638 R4 (Long Breakout) – 1.3650 R5 (Breakout Target 1) – 1.3665 R6 (Breakout Target 2) – 1.3671 S1 – 1.3621 S2 – 1.3617 S3 (Range Support – Buy) – 1.3612 S4 (Short Breakout) – 1.3600 S5 (Breakout Target 1) – 1.3585 […] Read more

Minor Currency Pairs: Support and Resistance Levels for October 3rd 2016

October 1, 2016 3:23 pm
EUR/GBP R1 – 0.8666 R2 – 0.8673 R3 (Range Resistance – Sell) – 0.8679 R4 (Long Breakout) – 0.8698 R5 (Breakout Target 1) – 0.8720 R6 (Breakout Target 2) – 0.8729 S1 – 0.8654 S2 – 0.8647 S3 (Range Support – Buy) – 0.8641 S4 (Short Breakout) – 0.8622 S5 (Breakout Target 1) – 0.8600 […] Read more

Major Currency Pairs: Support and Resistance Levels for October 3rd 2016

October 1, 2016 1:54 pm
USD/CHF R1 – 0.9724 R2 – 0.9735 R3 (Range Resistance – Sell) – 0.9745 R4 (Long Breakout) – 0.9776 R5 (Breakout Target 1) – 0.9812 R6 (Breakout Target 2) – 0.9828 S1 – 0.9704 S2 – 0.9693 S3 (Range Support – Buy) – 0.9683 S4 (Short Breakout) – 0.9652 S5 (Breakout Target 1) – 0.9616 […] Read more

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

September 30, 2016 8:36 am
Yesterday’s trade (in GMT terms) saw USD/CAD within the range of 1.3048-1.3185. The pair closed at 1.3146, edging up 0.50% compared to Wednesdays close. It has been the 182nd gain in the past 349 trading days and also the steepest one since September 23rd. The major pair has neutralized earlier loss and is now up […] Read more

Major Currency Pairs: Support and Resistance Levels for September 30th 2016

September 30, 2016 7:35 am
USD/CHF R1 – 0.9670 R2 – 0.9677 R3 (Range Resistance – Sell) – 0.9685 R4 (Long Breakout) – 0.9708 R5 (Breakout Target 1) – 0.9735 R6 (Breakout Target 2) – 0.9746 S1 – 0.9654 S2 – 0.9647 S3 (Range Support – Buy) – 0.9639 S4 (Short Breakout) – 0.9616 S5 (Breakout Target 1) – 0.9589 […] Read more

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