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Daily Look

Forex Trading Outlook: AUD/CAD Inverse Head and Shoulders

June 21, 2021 - by - Leave a Comment

The forex trading outlook for AUD/CAD fell again today, but the downside seems limited for the pair, where both currencies are influenced by commodity market prices, but more so the …

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Daily Look

Forex Trading Outlook: NZD/USD Correction Seems Complete

June 21, 2021 - by - Leave a Comment

Forex trading outlook for NZD/USD applauds the rally but sees it built on weak foundations, with profit taking on DXY a key driver. NZD/USD appears to have ended its downside …

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Daily Look

GBP/USD Catches Bid, Traders Cautious Before Bank Meeting

June 21, 2021 - by - Leave a Comment

After a tentative start to the first trading session of the week, sterling is finding its footing against the US dollar. GBP/USD is trading at 1.3861 at the time of …

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Daily Look

Forex Week Ahead: USD on Fire After FOMC Hawks Reset Markets

June 19, 2021 - by - Leave a Comment

USD turned dramatically higher against major and minor currencies after the shift in stance on inflation by the Fed. The fallout from the Federal Open Market Committee (FOMC) meeting has …

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Daily Look

GBP/JPY At Confluence Area. Rebound or Continuation?

June 18, 2021 - by - Leave a Comment

GBP/JPY registered a strong sell-off and is now located at 152.84 level. Technically, the pair has reached strong dynamic support levels, so we cannot exclude a temporary rebound. The Japanese …

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Daily Look

Free Forex Signals EUR/NZD Buy – 18 June 2021

June 18, 2021 - by - Leave a Comment

Looking for a free forex signals? You’ve come to the right place. From this month we have started to provide daily signals, so be sure to keep coming back to …

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Daily Look

USD/MXN Upside Reversal Underway

June 17, 2021 - by - Leave a Comment

USD/MXN has finally managed to develop a new leg higher. The DXY’s aggressive rally helped the USD to take full control and to dominate the currency market. The pair has …

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Daily Look

EUR/CAD Downtrend Is Still Intact, Canada CPI jumps to 3.6%

June 17, 2021 - by - Leave a Comment

EUR/CAD is losing altitude after failing to reach the major downtrend line. It’s trapped within a sideways movement, so we have to wait for a downside breakout to be certain …

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Daily Look

EUR/NZD Faces Tough Resistance, Eurozone Inflation Data On Tap

June 16, 2021 - by - Leave a Comment

EUR/NZD is trading in the red at 1.6975 on the H4 chart but it could still resume its growth. The pair has moved sideways lately and is currently trying to …

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Daily Look

NZD/CAD – Can Buyers Take It Higher?

June 16, 2021 - by - Leave a Comment

NZD/CAD dropped again in the short term but the support holds for now, so it could develop an upside movement. It is moving decidedly sideways right now, as it tries …

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