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The USDCAD has moved higher today as better dollar buying has dominated. The pair has upside resistance at the Moving Average. That level comes in at 1.0935. The high today reached 1.0929. Look for sellers against this level...

The EURUSD fell through the trendline support at the 1.4537 level and the market has sold off on the break. The pair has reached a low of 1.4502. The correction could see the pair move toward support at the 1.4465. The R4...

We have broken the first bottom at 92.06 and now testing the Support at 91.76. If we break that -not much to stop it down to 91.00...

Still some room

This is what I see in the Forex starting the week of Sept 6th – an OPINION ONLY: www.proacttraders.com I do these three currency pairs because they represent a cross section of the market as a whole – all matching up...

After trending upward most of the session some unfavorable economic data out of the UK has seen the pair come off over 100 pips. Look for cable to test its M/A at 1.6269 on the topside, if it breaks above there isn’t much...

Falling stocks has led to falling oil prices and lower gold and commodity prices this morning. As a result, the USDCAD has been falling steadily as it tends to be effected by the value of oil and commodity prices.    ...

The GBPUSD broke through the key 1.6187 level and this is leading to increased selling pressure in the pair. The price is testing the low from yesterday at the 1.6158 level. The next support level comes in at 1.6126 and then...