Monthly Archives: July 2018

USD/CAD : Hunting For New Move Lows

The USD/CAD Bears are pressing Support, and hunting for new move Lows. Fundamentally the USD has been very strong pressing the Dollar rally, but there are signs of a potential turn. The Daily chart has signaled weakness in the market, and newer move Lows are most likely to be the main course…

EURUSD struggles below 23.6% Fibonacci mark; remains neutral in short-term

EURUSD has been remaining below the strong resistance obstacle of the 23.6% Fibonacci retracement level near 1.1760 of the downleg from 1.2550 to 1.1510, since June 14. Moreover, the pair trades around the 20- and 40-simple moving averages (SMAs) in the daily timeframe, indicating a possible…

www.000webhost.com