USD/CAD – Over 100-Pips Rally on Unchanged BoC, Cracked Key Barrier
The pair surged nearly hundred pips to new over sixteen months high after The Bank of Canada left interest rates unchanged in expected action on today’s rate decision meeting.The central bank warned that Canadian economy has less momentum in Q4...
US 100 Index Pares Losses Below SMAs Bearish Cross
New The US 100 index edged aggressively lower in Tuesday’s session as the bears continue to pull the price below the 50- and 200-simple moving averages (SMAs) and the 38.2% Fibonacci retracement level of the upleg from 6160 to 7700,...
CAD/CHF 4H Chart: Testing Support Level At 0.7520
Following a reversal from the upper boundary of a medium-term ascending channel at 0.7689, The Canadian Dollar has declined massively against the Swiss Franc. The exchange rate is currently testing a support level formed by a traditional weekly pivot point...
USD/CHF 4H Chart: Stranded Between SMAs
The bearish momentum which has been dominating the USD/CHF currency pair since the middle of November has guided the US Dollar toward the lower boundary of a long-term ascending channel pattern at 0.9889. The exchange rate was stranded between SMAs...
USDTRY Unlocks 2-Week High, Creating Significant Gains
USDTRY strengthened sharply today, climbing to a new two-week high, around 5.3653, extending its run from the pullback on 5.1330. The bullish picture in the very short-term is further supported by the RSI, which is rising above the 50 level...
EURGBP Remains Neutral in Short and Long Term
EURGBP has had a strong bearish rally this morning after the bounce off the 0.8940 resistance level. Neutral to negative risks remain in the background as the RSI decreases momentum to the downside in the positive region, while the %K...
WTI OIL Outlook: Recovery Extension Hits Two-Week High On Improved Sentiment, OPEC Meeting In Focus
WTI oil rose further on Tuesday and hit new high of nearly two weeks, in extension of recovery which started from Monday’s gap-higher weekly opening. The oil was up 2.5% for the day so far and fresh bullish acceleration pressures...
WTI Futures Gain Some Ground, SMAs Create Bullish Crossover
West Texas Intermediate (WTI) crude oil futures are in progress to recover some more ground after the bullish gap that posted yesterday. The price jumped above the positive crossover within the 20- and 40-simple moving averages in the 4-hour chart,...
USDTRY Outlook: Lira Weakens after Repeated Rejections at 200SMA; Higher Oil Prices and Overextended Studies add to Negative Outlook
The USDTRY ticked higher on Monday and probes through falling 10SMA (5.2644), after the downtrend was rejected above 200SMA (5.1216) for the third straight day. Lira was weaker on risk appetite after US/China tariff ceasefire agreement that pushed the dollar...
US 500 Index Rises above SMAs after Gap Up
The US 500 index opened higher today as it posted a positive gap, surpassing the 50- and 200-simple moving averages in the daily chart. The index is set to complete the sixth green day in a row after the rebound...
Signal2forex.com - Best Forex robots and signals




