USD/JPY analysis for August 31, 2017

Recently, the USD/JPY pair has been upwards. The price tested the level of 110.65 in a high volume. According to the 30M time frame, I found successful testing of support in a low volume, which is a sign that buyers are in control. My advice is to watch for potential buying opportunities. The upward targets […]

EUR/USD analysis for August 31, 2017

Recently, the EUR/USD pair has been trading downwards. As I expected, the price tested the level of 1.1823. My yesterday’s target at the price of 1.1860 has been met. Anyway, according to the 30M time frame, I found up-thrust bars and rejection from 48 SMA, which is a sign that sellers are in control. My […]

USD/CAD drops a full cent on sizzling Canadian GDP report

USD/CAD down to 1.2561 from a high of 1.2663 Canadians earned more in the second quarter and decided to spend it. Consumers were the biggest driver of the best quarter since 2011 and the best two-quarter period since 2002. USD/CAD dropped on headlines showing 4.5% growth compared to 3.7% expected. As traders sifted through the […]

Canada Q2 GDP q/q annualized +4.5% vs +3.7% expected

The first look at second quarter Canadian growth Best quarter since 2011 Q1 was +3.7% Q4 2016 was +2.7% Economists estimates ranged from +2.4% to +4.0% Year-over-year GDP 4.3% Prior 4.6% y/y (revised to 4.7%) The past two y/y numbers were the best two since 2001 June GDP +0.3% m/m vs +0.1% exp May GDP +0.6% […]

Bitcoin hits fresh all-time high, Bitcoin Cash also higher

© Reuters. Bitcoin hits fresh all-time high, Bitcoin Cash also higher Investing.com — The price of the digital currency bitcoin rose above the $4,680 level for the first time in its nine-year history on Thursday. On the U.S.-based Bitfinex exchange, Bitcoin touched a high of $4,687.1 and was at $4,677.1 by 07:57 AM ET (11:57 […]

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