USD/CAD Analysis: Buying Signals
The 50– hour simple moving average guided the US Dollar against the Canadian Dollar on Thursday. The currency pair made about 74 pips move during Thursday’s trading session. Technical indicators demonstrate that the USD/CAD exchange rate could continue to trend...
AUD/USD analysis: Likely To Maintain Channel
Downside risks have continued to dominate the Eurozone currency against the Japanese Yen. The currency pair declined by 88 pips or 0.72% during Thursday’s trading session. Technical indicators suggest selling signals on the 4 hour and daily time-frame charts. Most...
EURUSD 1.1500 Possible
The euro currency is continuing to slide lower against the US dollar after the ECB interest rate decision revealed that the central bank may announce a new policy measure in December. The ongoing sell-off in the EURUSD pair could reach...
Dollar and Yen Firm in Tight Range, Busy Day Ahead
Forex markets are staying in relatively tight range on mixed market sentiments. Asian indices turn lower despite a weak recovery in US markets overnight. For the week, Yen and Dollar are still the strongest ones. Euro is the weakest one...
Election outcome shouldn’t mess up the bullish December trend, CFRA’s Sam Stovall finds
CFRA’s Sam Stovall acknowledges the market may feel like a rollercoaster over the next few weeks. But he believes any damage should be contained to November regardless of who wins the presidency. “Investors say ‘okay, usually by then we know...
WTI Oil Futures Test Bottom of the Range after Slump
WTI oil futures for December delivery are seeking a breakdown below the range area that strictly held the market in a neutral structure during the past four months. From a technical standpoint, the price is set to cross below the...
Door Wide Open for December European Central Bank Easing
Executive Summary The European Central Bank (ECB) kept monetary policy unchanged at today’s announcement, but its accompanying comments were notably dovish in tone, offering a very clear signal of further easing in December. The onus now appears clearly to be...
ECB Expects “Very Negative” Data in November, Pledges to Recalibrate Measures to Downturn
ECB has announced to leave all its monetary policy measures unchanged. The deposit rate stays at -0.5%, while the main refi rate and the marginal lending rate also remain unchanged at 0% and 0.25% respectively. The PEPP program will continue...
U.S. GDP booms at 33.1% rate in Q3, better than expected
Coming off the worst quarter in history, the U.S. economy grew at its fastest pace ever in the third quarter as a nation battered by an unprecedented pandemic started to put itself back together, the Commerce Department reported Thursday. Third-quarter...
There was a surprise drop in September home sales as buyers were priced out
A Sale Pending sign is seen in front of a home in Miami, Florida. Joe Raedle | Getty Images Potential homebuyers may be hitting the limit of what they can afford. Pending home sales, a measure of signed contracts on...
Signal2forex.com - Best Forex robots and signals




