Contributed story On Tuesday GBP/CAD was sold throughout the day after rejecting off the resistance at 1.8220, closing below the 200-Day SMA with a large Bearish Engulfing bar, ultimately confirming that this downtrend is nowhere near exhaustion. read »August 2014
Contributed story Traders were quick to price in a fresh 9-month Lower Low for EUR/AUD as soon as the markets opened on Monday, giving a green light for more losses in the short term. read »August 2014
Contributed story The Euro after consolidating for a long time against the Swiss franc around the 1.2140 level managed to climb higher towards the 1.2175, which increases the possibility for a move towards the 1.2200 level. read »August 2014
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