Forex News

USD/CAD Draws a Declining Channel and Lacks Intraday Traction

USD/CAD is drawing a declining trend on the daily chart, and the pair hits triple support around 1.38 in 6-weeks…

5 years ago

USD/CAD Reverses Previous Day’s Losing Sentiment

USD/CAD reversed the intraday momentum and gained 0.50% from the 24-hour low of 1.386 to the current trading price of…

5 years ago

USD/JPY Trades Directionless Around 107

USD/JPY loses the traction and is drawing a descending wedge on a 4-hourly chart. The pair lacks support from 200-day…

5 years ago

GBP/USD Appears Intraday Volatile and Hits 7-Day Low

GBP/USD exhibits a double top in the intraday below 1.224 yet fails to regain support from the nearest MA, i.e.,…

5 years ago

Yuan Strengthens after Better than Expected Inflation Rates

After heightened concerns of Corona Virus in China, some positive news is coming. Yesterday, the Chinese Government had released the…

5 years ago

Dollar Strengthens after a Better than Expected U.S. Job Data and Enhanced Corona Concerns

The job market data that has been released today has helped the U.S. Dollar in gaining even more. The optimistic…

5 years ago

Will Public Exposure Be the End of Forex Trading?

Minimizing client exposure to risk, the Israeli Securities Authority (ISA) proposed that forex companies will publish client losses as a…

5 years ago

High Manufacturing Activity Pushes Dollar as Pound Weakens

Following immense volatility in the macroeconomic scenario across the globe, the US Dollar has finally started to strengthen. The manufacturing…

5 years ago

USD Gets Strengthened as AUD & Yuan Weaken Due to Coronavirus Concerns

As the Chinese Coronavirus is spreading in many Asian nations, the American Dollar is getting strengthened. It is currently at…

5 years ago

Coronavirus Outbreak Causes Dent to Chinese Yuan, Japanese Yen Shines

In what appears to be a huge worry for China in the coming days amid the possible threats emanating from…

5 years ago