Archive for Tag: Forex Trade Ideas

Canadian dollar

Canadian dollar outlook turns less cheerful as recession fears mount

USD/CADis trading down 0.41% at 1.2980 The Canadian dollar will gain less ground than previously thought over the coming year as the growing risk of a global economic slowdown bolsters demand for safe-haven currencies such as the U.S. dollar, a Reuters poll showed. The median forecast in the poll...

Read More
NZDCHF Technical Analysis

NZD/CHF Technical Analysis and Investing Tips For NZD/CHF

NZDCHF Technical Analysis: Weekly Chart In the weekly charts, NZDCHF was trading in down channel. NZDCHF is currently trading below all SMA. RSI is in over sold zone which indicates mild bullishness. MACD is currently below zero which indicates bearishness. Its immediate support is 0.5920 & the resistance level...

Read More
audnzd technical analysis

AUDNZD TECHNICAL ANALYSIS & HOW TO TRADE AUDNZD

AUDNZD Technical Analysis: Weekly Chart In the weekly charts, AUDNZD is trading in an up channel. AUDNZD is currently trading above all SMA. RSI is in buying zone which indicates bullishness. MACD is currently above zero which indicates bullishness. Its immediate support is 1.0933 & the resistance level is...

Read More
EURAUD TECHNICAL ANALYSIS

EURAUD Technical Analysis and Investing Tips For EURAUD

EURAUD Technical Analysis: Weekly Chart In the weekly charts, EURAUD is trading in an up channel. EURAUD is currently trading below 50 and 100 days SMA & above 20 days SMA. RSI is in over bought zone which indicates mild bearishness. MACD is currently below zero which indicates bearishness....

Read More
NZDCHF Technical Analysis

NZDCHF Technical Analysis and Investing Tips For NZDCHF

NZDCHF Technical Analysis: Weekly Chart In the weekly charts, NZDCHF was trading in down channel. NZDCHF is currently trading below all SMA. RSI is in over sold zone which indicates mild bullishness. MACD is currently below zero which indicates bearishness. Its immediate support is 0.5915 & the resistance level...

Read More
GBPCHF Technical Analysis

GBPCHF Technical Analysis and Investing Tips For GBPCHF

GBPCHF Technical Analysis: Weekly Chart In the weekly charts, GBPCHF is trading in a downward channel. It is trading below all SMAs: MA (20), MA (50), and MA (100). RSI is in selling zone which indicates bearishness. MACD is currently trading below zero which indicates bearishness. The immediate support...

Read More
EURSEK technical analysis

EURSEK Technical Analysis and How to Trade EURSEK

EURSEK Technical Analysis: Weekly Chart In the weekly charts, EURSEK is trading in an up channel. EURSEK is currently trading above all SMA. RSI is in over bought zone which indicates mild bearishness. MACD is currently above zero which indicates bullishness. Its immediate support is 10.5471 & the resistance...

Read More