Gold exploded after FOMC meeting!
As we discussed in the previous article devoted to gold, the price is growing extremely fast after a dovish FOMC’s statement…
AUD/CAD touched resistance
Information is not investment advice
Technical analysis: on H4 of AUD/CAD, the pair touched the resistance at 0.9189 and rebounded. Up to now, the pair has been moving to the support range of 0.9163-0.9153. If it closes below this range, we can anticipate a further fall to 0.9135. However, we see that Parabolic SAR still signals an uptrend and the pair will recover anytime. Look at resistances at 0.9189 and 0.9214.
Fundamental factors: on July 17, the CAD will be affected by the CPI release. In case of the encouraging data, the pair will turn around targeting 0.9189 again. If the data disappoints, be ready for a further fall.
Darya Bobrova
Similar
USD continues to weaken against the EUR
Ichimoku Kinko Hyo NZD/JPY: The NZD/JPY pair is trading slightly below the Tenkan Sen level…
EUR/USD ended the day higher above 1.1800
Ichimoku Kinko Hyo USD/JPY: The USD/JPY pair is trading slightly below the cloud…
Popular
Gold exploded after FOMC meeting!
As we discussed in the previous article devoted to gold, the price is growing extremely fast after a dovish FOMC’s statement…
Facebook: Targeted Advertising Faces Danger
What happened? Facebook presented an earnings report on July 28…
USD continues to weaken against the EUR
Ichimoku Kinko Hyo NZD/JPY: The NZD/JPY pair is trading slightly below the Tenkan Sen level…
Choose your payment system
