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Analysis and Opinion » Buying Opportunities USD/CAD – Forex Trading TipsJarratt Davis - April 9, 2015, 06:54 GMTClick here to learn how to use my trade calls! Originally updated: 08:00 Trading Bias: Long Currency pair: USD/CAD Current Sentiment: Bullish In today’s trading session we will be focusing on buying opportunities USD/CAD. Fundamentals: Toady we can look at focusing on USDCAD as…
The post Buying Opportunities USDCAD – Forex Trading Tips appeared first on Jarratt Davis.
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Click here to learn how to use my trade calls! Originally updated: 07:45 Trading Bias: LONG Currency pair: USDCAD Current Sentiment: Bullish In today’s trading session we will be focussing on buying opportunities on the USD/CAD. Fundamentals: Toady we…
The post Trading Outlook – USDCAD appeared first on Jarratt Davis.
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Forex » Canadian Dollar Gains Traction as CPI Steadies in FebruaryH.S. Borji - March 20, 2015, 14:41 GMTThe Canadian dollar rebounded on Friday, as steadying inflation reassured investors the Bank of Canada would hold off on cutting interest rates further in the coming months. The loonie, as the Canadian dollar is known, climbed to a session high of 0.7947 cents US. The USDCAD exchange plunged around 110 pips to 1.2600. The technical
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Click here to learn how to use my trade calls! Originally updated: 08:00 Trading Bias: Short Currency pair: EUR/CAD Current Sentiment: Bearish In today’s trading session we will be focussing on Canadian core CPI later in the session. Fundamentals: Expectations are…
The post Trading Outlook – EURCAD appeared first on Jarratt Davis.
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The US dollar rebounded on Thursday, posting its biggest single day rally in 18 months following a cautious Federal Reserve interest rate statement. The US dollar index, a trade-weighted average of the greenback against a basket of six currencies, climbed 0.41 percent to 98.96. The index reached a daily high of 99.21 after plunging more
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This week has a heavy economic calendar and promises to inundate traders with a plethora of macro-economic data. The dominant events of this week agenda are the policy meetings from three of the world’s major banks, Fed, BoJ and SNB. Moreover, Inflation Rate in Eurozone will be closely eyed by market participants. Today, is quiet
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USD/CAD broke above the key 1.2800 level on Friday to hit a 6-year high of 1.2822. The tenkan-sen and kijun-sen lines are positively aligned, reinforcing the overall upside potential giving scope to target the 1.3000 level. To the downside 1.2350 is []
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Dollar takes a breather after DXY hits 100 After several frantic days of astonishing moves, the dollar took a breather yesterday. It fell against all the other G10 currencies (except the pound) and most of the EM currencies that we track as well. The DXY index just poked its nose over 100 for a moment
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As next week’s Fed meeting approaches, more thoughts are being given to the impact of the relentless rise of the US currency on the broader economy. This in part explains why the dollar has become a little more reticent to push ahead, given that there are signs that it is starting to impact exports and
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The US dollar continued to push higher against a trade-weighted basket of currencies on Monday, after another strong jobs report sent the index to new 12-year highs last week. The dollar index climbed 0.1 percent to 97.71 on Monday, extending its 12-year highs, after surging more than 1.3 percent on Friday. Stronger than forecast employment
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