Founded in 2008, ForexLive has been the go to source for both professional and retail traders from around the globe. Our core belief is that all traders want relevant and succinct trading information, and we deliver it 24 hours a day.
The USDCAD has seen volatile up-and-down price action,. However, if there is a tilt, the tilt is to the upside above the 100-hour MA. There is work to do. THe price targets are at 1.3371. The 50% – which is near the high – comes in at 1.33971.
GBPJPY breaks key technical targets, benefiting from USDJPY’s rise and surpassing significant levels. Traders should respect the breakout, as staying above support levels would fuel further upward momentum.