Author: InstaForex.com

Support levels: 1.0226, 1.0103, 1.0015.Resistance levels: 1.0391, 1.0454, 1.0681. An intraday view on USD/CAD continues to be bearish as long as the resistance level of 1.0391 is not broken.

The US stock indices fell on Wednesday after the worries about the global economic growth had refreshed. Dow Jones Industrial Average index dropped by 40.73 points, or by 0.41%, to 9899.25. Nasdaq Composite index lost 11.72 points,...

In 4-hour chart of the EUR/JPY, the combination of candles “Falling Three Methods” is forming. As it is known, this pattern is the signal for a fall and EUR/JPY forms it after the failed try

On Tuesday, the Single European currency turned out to be in high turbulence zone as already in the first part of the day the investors had started selling the euro, but on the North-American session, the pair...

Dear traders, We are watching over the upside trend development from May 26 and do not hurry to determine mid term targets for the upward movement. 

Support levels: 1.0650, 1.0539, 1.0458Resistance levels: 1,0858, 1.0990, 1.1100Yesterday, the USD/CAD currency successfully broke the mark 1.0750 and the key resistance level at 1.0779. USD/CAD reached its high at 1.0858 retracing thereafter. 

Dear Traders, As for the EUR/USD, we are continuing to observe a rising since May 19 structure, although the price at the moment is close to the level of its abort. Forecast for May 25:

Friday, the American stock markets rose due to financial companies shares after that the Senate passed a bill about the financial sector regulating reform. Dow Jones Industrial Average index rose by 125,38 points or by 1,25% to 10193,39...