Forex Trading News & Analysis

Canada’s GDP grew 0.6% in January on the strength of widespread growth across both goods and service producing industries

Gross domestic product grew 0.6% in January on the strength of widespread growth across both goods- and service-producing industries. With the exception of October, gross domestic product has risen every month since June 2016. Goods-producing indust…

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Forex Trading News & Analysis

USD/CAD intraday technical levels and trading recommendations for March 31, 2017

Since April 2016, the USD/CAD pair has been trending upward within the depicted ascending channel.In December 2016, a bullish breakout above 1.3300 (50% Fibonacci level) was expected to allow a further advance toward 1.3700-1.3750 (the upper limit of t…

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Forex Trading News & Analysis

USD/CAD intraday technical levels and trading recommendations for March 31, 2017

Since April 2016, the USD/CAD pair has been trending upward within the depicted ascending channel.In December 2016, a bullish breakout above 1.3300 (50% Fibonacci level) was expected to allow a further advance toward 1.3700-1.3750 (the upper limit of t…

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Forex Trading News & Analysis

NZD/USD intraday technical levels and trading recommendations for March 31, 2017

The NZD/USD pair was trapped within the depicted price range (0.6860-0.6990) until a bullish breakout occurred.A bullish breakout above 0.6960-0.7000 allowed the pair to head toward the price level of 0.7100 (the key level) which failed to provide suff…

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Forex Trading News & Analysis

NZD/USD intraday technical levels and trading recommendations for March 31, 2017

The NZD/USD pair was trapped within the depicted price range (0.6860-0.6990) until a bullish breakout occurred.A bullish breakout above 0.6960-0.7000 allowed the pair to head toward the price level of 0.7100 (the key level) which failed to provide suff…

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