Analytical Reviews

Forexmart's analytical reviews provide up-to-date technical information about the financial market. These reports range from stock trends, to financial forecasts, to global economy reports, and political news that impact the market.

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AUDCAD holding above long term ascending support!
01:09 2020-07-17 UTC--4

Trading Recommendation

Entry: 0.94752

Reason for Entry: Market entry

Take Profit: 0.95333

Reason for Take Profit: Recent swing high, 50% Fibonacci extension

Stop Loss: 0.94364

Reason for Stop Loss: Recent swing low, ascending trendline support

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Foreign exchange is highly speculative and complex in nature, and may not be suitable for all investors. Forex trading may result in a substantial gain or loss. Therefore, it is not advisable to invest money you cannot afford to lose. Before using the services offered by ForexMart, please acknowledge the risks associated with forex trading. Seek independent financial advice if necessary. Please note that neither past performance nor forecasts are reliable indicators of future results.