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Forex Market News

The latest news from the world of forex trading

USDCAD Tops! Bear Risk for 1.0795, Maybe 1.0733 and 1.0713/10.

USDCAD bear bias A deeper correction than expected through support at 1.0872 and 1.0857 for a notable top and more bearish shift. This leaves downside pressures now into month-end and threat for a move to 1.0795 support ...

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GBPUSD Bear Risk for 1.6460/55

GBPUSD downside extension bias A roll back lower already to the minimal bounce range from ahead of minor resistance at 1.6600/05 to leave the bias still lower into this w...

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EURUSD Bear Risk for 1.3105

EURUSD downside extension threat A better Monday break lower, through our next downside target at the 61.8% retrace at 1.3230 to reinforce the bearish outside Friday patt...

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