EURUSD to Go Up?
EURUSD – Let's stick to the knitting. Our technical analysis evaluation leads us to believe that there still may be room for the EURUSD to go up and those levels may well be above 1.0800 around the 1.0820/30 and even the 1.0860/80 areas. So this is worth following up this week.
USDCAD – This currency pair appears to have room to go down as per support and resistance levels. Should the downfall continue we may see this currency pair around the 1.3150 – 1.3100 levels.
Open an Account Here
and Get a $500 Cashback
Don’t forget to watch our daily videos on our home page at www.cmtrading.com and review the daily economic data releases from our webpage.
***Information contained in this news letter are gathered from third parties and should not be regarded in any way as trade advice or recommendations by CM Trading. CM Trading does not recommend or advise traders or investors in their decision making, but merely provides information from the market for its clients as additional information being made available as per the events occurring in the financial markets.
HIGH RISK WARNING:
Trading Foreign Exchange (Forex) and Contracts for Differences (CFD’s) is highly speculative, carries a high level of risk and may not be suitable for all investors. You may sustain a loss of some or all of your invested capital, therefore, you should not speculate with capital that you cannot afford to lose. You should be aware of all the risks associated with trading on margin.
© Copyright 2015 – CM Trading – All rights reserved