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Canadian Dollar Lifted by Rising Stock Market

Unexpectedly strong quarterly reports from Canadian banks and a rally in energy prices boosted the Canadian dollar on Thursday.The U.S. dollar fell 0.0068 to 1.2503 (79.98 cents USD) on the session.The loonie, as the currency is nicknamed, has been trading close to 1.25 since mid-January. Adam Fazio, currency strategist at CIBC World Markets, doesn't see a catalyst for a powerful move in the currency pair.You're going to continue to be range bound for awhile, he said.In the

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Forex (foreign exchange) Currency trading

Forex trading (foreign exchange), Currency trading, Daily forex major currency technical analysis

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Daytrading The Currency Market

bonjour,est-ce que l'un d'entre vous aurait déja lu "Kathy Lien "Daytrading the Currency Market" ?Le bouquin est-il interressant ?J'essaie de mettre la main sur la table des matières, d'habitude Amazon la propose mais je ne la vois pas.Merci de votre avis.

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Forex: GBP/USD rebounds at 1.5880 and tests 1.5980

FXstreet.com (Barcelona) - After rejecting from 1.5980 resistance to find support at 1.5880 level, GBP/USD has begun to rise to recovers its losses and test 1.5980 resistance. Currently the pair is trading around 1.5970/80, 0.05% above today's opening price. The pair has risen after the US market positive opening on basic materials and energies shares and better than expected Durable goods orders.According to Valeria Bednarik, FXstreet.com collaborator, GBP/USD is ready to continue bearish: Bearish in the hourly chart, pair seems

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Deltastock Daily Fx Analysis

May 7, 2009Current level- 1.5118The pair is in a broad corrective phase, after bottoming at 1.3506. Trading is situated between the 50- and 200-day SMA, currently projected at 1.4422 and 1.5896. Our first target at 1.5172 was almost hit with recent high at 1.5163 and currently the pair is in a corrective phase, that is expected to be limited above 1.4978, before next leg upwards, to 1.5301.Full Article

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