Thursday, 24 April 2014

Forex trading alert: Pound/US Dollar—Breakout or fakeout?

Forex trading alert: Pound/US Dollar—Breakout or fakeout?

Yesterday, the British pound extended gains and hit a 4-1/2 year high against the greenback as upbeat U.K. employment data released on Wednesday still weighted on the pair. Thanks to these circumstances, GBP/USD broke above the important resistance …
Read more on Futures Magazine


Forex – USD/CAD edges lower in subdued trade

The U.S. was to release data on existing homes sales later in the trading day. Elsewhere, the loonie, as the Canadian dollar is also known, was slightly lower against the euro, with EUR/CAD rising 0.13% to 1.5208. The euro's gains were checked after …
Read more on Investing.com



Forex trading alert: Pound/US Dollar—Breakout or fakeout?

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