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Main » 2019 » March » 06


Today, the focus of traders will be in Canadian currency, which is a decrease in the last few days has determined her place among the major currencies outsiders G10. In particular, pair with USDCAD last Friday recovered from the level of 1.3128 to local hai 1.3372 current session. In other words, the loss of the Canadian dollar in such a short period of time amounted to nearly 250 points. Market participants have been actively "get rid" of the Canadian dollar after the release of the inflation series of weak macroeconomic reports and the growth rate of national GDP. Little support rate have on oil prices, which have so far managed to hold above $ 65 a barrel. 




Views: 48 | Added by: mik | Date: 06.03.2019 | Comments (0)


Results of the last trading day EURUSD:

Tuesday, 5 March in the euro auction ended lower. Rebound from 1.1316 EURUSD quotations failed. Six hours of buyers fought for 1.1320 and lost. The EURUSD fell to 1.1290. 
The euro fell against the US dollar amid published favorable US data (ISM in services and sales in the primary market).



Views: 44 | Added by: mik | Date: 06.03.2019 | Comments (0)


The euro dollar forex EURUSD forecast for today 03/06/2019

Published macroeconomic statistics from the United States points to the strengthening of the dollar in the short term. First, the PMI service sector index rose to a three-month high and significantly exceeded the expectations of investors. US companies recorded at the end of the winter increase in orders, including export. Second, the sale of new buildings in the United States fell at the end of December by 2.3% in annual terms, but investors are waiting for a much more severe fall in sales due to the rise in price of the mortgage. You can not ignore the "bearish" trend in gold - the precious metal this week hit by a wave of sales, which is also negative for the euro, due to the direct correlation and EURUSD XAUUSD.

EURUSD trading recommendation: Sell 1.1315 / 1.1325, and take profit 1.1285



Views: 50 | Added by: mik | Date: 06.03.2019 | Comments (0)

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