Stock market analytics, financial forecasts

Forexmart's Market Analysis section provides up-to-date information about the financial market. The overviews are intended to give you an insight into current trends, financial forecasts, global economic reports, and political news that influence the market.

Disclaimer:  Information provided here to retail and professional clients does not contain and should not be construed as containing investment advice or an investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance.

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

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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Risk Warning:
Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.
Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.