Loonie Slightly Down After Canada Wholesale Sales

Trading 21 août 2018 Commentaire »

At 8:30 am ET Tuesday, Canada wholesale sales for June have been released.

Following the data, the loonie fell slightly against its major rivals.

The loonie was trading at 84.74 against the yen, 0.9566 against the aussie, 1.4976 against the euro and 1.3028 against the greenback around 8:34 am ET.


The material has been provided by InstaForex Company - www.instaforex.com

*Canadian Wholesale Sales Declined 0.8% In June

Trading 21 août 2018 Commentaire »

Canadian Wholesale Sales Declined 0.8% In June


The material has been provided by InstaForex Company - www.instaforex.com

Loonie Climbs Ahead Of Canada Wholesale Sales

Trading 21 août 2018 Commentaire »

At 8:30 am ET Tuesday, Canada wholesale sales for June are set for release.

Ahead of the data, the loonie advanced against its major rivals.

The loonie was worth 84.76 against the yen, 0.9569 against the aussie, 1.4982 against the euro and 1.3026 against the greenback as of 8:25 am ET.


The material has been provided by InstaForex Company - www.instaforex.com

Hungary Maintains Benchmark Interest Rates

Trading 21 août 2018 Commentaire »

Hungary's central bank maintained its benchmark interest rates on Tuesday, in line with economists' expectations.

The Monetary Council of the Magyar Nemzeti Bank decided to keep the base rate at 0.90 percent. The previous change in the rate was a 15 basis points reduction in May 2016.

The overnight central bank deposit rate was retained at -0.15 percent, after it was trimmed by 10 basis points last September. The rate was slashed to negative in 2016.

The one-week collateralized loan rate was kept unchanged at 0.90 percent.

Liam Carson, an economist at Capital Economics, said the central bank is likely to begin tightening monetary conditions before the end of this year.

As inflation remains above the 3 percent target and wage growth continues to outstrip productivity growth, the economist expects to see more hints that the MPC will rein in ultra-loose monetary policy at September's meeting, when the Bank is set to release a fresh set of economic forecasts.


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AUD/USD Testing Resistance, Prepare For Reversal!

Trading 21 août 2018 Commentaire »

AUD/USD is testing its resistance at 0.7349 (100% Fibonacci extension, 61.8% & 50% Fibonacci retracement, horizontal overlap resistance), where a reversal to its support at 0.7284 (50% Fibonacci retracement, horizontal overlap support) is expected. Stochastic (55, 5, 3) has reversed off its resistance at 97%, where a corresponding drop is expected.

AUD/USD is testing its resistance, where we expect to see a reversal.

Sell below 0.7349. Stop loss at 0.7395. Take profit at 0.7284.

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EUR/USD Testing Resistance, Prepare For Reversal!

Trading 21 août 2018 Commentaire »

EUR/USD is testing its resistance at 1.1523 (61.8% Fibonacci extension, 61.8% & 50% & 38.2% Fibonacci retracement, horizontal overlap resistance), where a reversal to its support at 1.1400 (61.8% Fibonacci retracement, horizontal swing low support) is expected. Stochastic (55, 5, 3) has reversed off its resistance at 97%, where a corresponding drop is expected.

EUR/USD is testing its resistance, where we expect to see a reversal.

Sell below 1.1523. Stop loss at 1.1583. Take profit at 1.1400.

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#theforexarmy #forexsigns #forexsignals #forexfamily #forexgroup #forexhelp #forexcourse #forextrade #forexdaily #forexmoney #forexentourage #forextrading #forex #forexhelptrading #forexscalping #babypips #forexfactory #forexlife #forextrader #financialfreedom #daytrader #scalper #swingtrader #fx #currency #pips #technicalanalysis #forexmarket

The material has been provided by InstaForex Company - www.instaforex.com

Franc Slightly Up After Swiss Trade Data

Trading 21 août 2018 Commentaire »

At 2.00 am ET Tuesday, Swiss foreign trade data for July has been released. After the data, the franc rose slightly against its major rivals.

The franc was trading at 0.9886 against the greenback, 111.33 against the yen, 1.1397 against the euro and 1.2688 against the pound around 2:03 am ET.


The material has been provided by InstaForex Company - www.instaforex.com

*Swiss Jul Imports Fall 1.4% Vs. -0.3% In June

Trading 21 août 2018 Commentaire »

Swiss Jul Imports Fall 1.4% Vs. -0.3% In June


The material has been provided by InstaForex Company - www.instaforex.com

*Swiss Jul Exports Down 1.4% Vs. -0.1% In June

Trading 21 août 2018 Commentaire »

Swiss Jul Exports Down 1.4% Vs. -0.1% In June


The material has been provided by InstaForex Company - www.instaforex.com

*Finland Jul Jobless Rate 6.5% Vs. 6.7% In June

Trading 21 août 2018 Commentaire »

Finland Jul Jobless Rate 6.5% Vs. 6.7% In June


The material has been provided by InstaForex Company - www.instaforex.com