Trade Idea 5 July 2016: USDCAD

At about 9.15pm Singapore time, we are looking that USDCAD seems to bounce back from it’s drop. It has now pushed back to above a resistance point again. This is due to the weakness in CAD. For those who are looking to long again may want to enter this...

Trade Idea 1 July 2016: USDCAD

At about 9.40pm Singapore time, we are looking at USDCAD which seems to have broken through a support area. Although it remains to be seen if it is still stuck in a consolidation, it seems that it will continue to head downwards. Those who are bearish can go on a...

Trade Idea 24 May 2016: USDCAD

Dear traders, at 7.26am Singapore time, it seems like USDCAD is trying to breakout of the resistance point. It did breakout for a while but failed, still hanging around the resistance zone. So there could be a sudden movement once it pushes up or down. Those who are...

Weekly Review: Rise in USD

The week ended with quite little changed. There was the FOMC meeting which gave some volatility during the week. Let’s take a look. There were big news driving movements of stock prices such as Warren Buffett’s investment into Apple and also the...