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Forex Market News

The latest news from the world of forex trading

July demonstrates that Forex can be very profitable, even with low volatility

If you believe everything that you read from today’s investment pundits, this summer has been terrible for anyone trying to make a profit from trading markets, no matter what the venue. The culprit has been low volatil...

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Loonie Continues to Weaken: $USDCAD targets 1.0960, 1.1005 and 1.1055

USDCAD bullish tone A rally and stall Thursday, but as we stated in our last report to our clients “corrective setbacks should look to hold above 1.0845, with a better ...

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AUDUSD Bearish Shift Aims for .9258, .9230 and key .9208/00 area

AUDUSD tops for bear bias We stated in our last report that “we see a defensive bias, with risk through midweek lower for .9360, .9330 and maybe through .9322”. Havin...