Short-term Trading Idea FX GBP/CAD – Bull Speculation: Expected Break in 2.032 Resistance

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Trading opportunities for currency pair: due to oil prices falling, we should consider a break in the resistance after a bounce to 2.020. If the buyers pass 2.0335 on Monday, keep 2.0500 in your sights. The idea will be valid for just one week and will become invalid at any point if the four-hour candle closes below 2.0150.

FOREX EUR USD: Likely Growth to U3. 12.11.2015

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Yesterday’s Trading:
On Wednesday the US was on holiday. The stock markets were operating as normal, but the banks and the bonds market were off. Trader activity was low. Draghi didn’t mention monetary policy so there was no reaction to his speech. His speech could have a significant effect on the market during today’s press conference after the ECB has convened.

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