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Weekly USD/CAD Fundamental Analysis – 7th August 2017 to 11th August 2017

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Last week,  the CAD was  unable to make any decent gains mainly due to strong data released by USA including fluctuating crude oil prices. Therefore US Dollar made some strong recovery and manage to keep on pushing up till around 1.2668 but was pushed down by about 20pips at the end of the week. ගිය […]

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Weekly EUR/USD Fundamental Analysis – 7th August 2017 to 11th August 2017

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During last week’s first few days, the market was almost on a consolidation but with poor ADP Nonfarm Employment value from USA. The Euro become further stronger and reached almost 1.1900 but it was unable to retain it due to strong NFP Nonfarm Payrolls values from US along with several other reports from USA.  The Euro […]

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Weekly EUR/USD Fundamental Analysis – 31st July 2017 to 4th August 2017

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Last week, Within the first few days Euro manage to rise further more as expected due to non hawikish FOMC reports but found strong resistance zone around 1.1733 and was pushed down below 1.1672 with unexpected strong news from USA. At the latter stage of the week, the Euro recovered strongly reaching 1.1746 higher than […]

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Weekly GBP/USD Fundamental Analysis – 31st July 2017 to 4th August 2017

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Last week, the British pound mange to reach a higher price but with some of the unexpected positive  dollar related news, the price did come down sharply. Then the British pound manage to bounce back due to weaker dollar related news during latter stage of the week.  ගිය සතිය තුල බ්‍රිතාන්‍ය පවුම ඉහලට යෑමට සමත් […]

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Weekly USD/CAD Fundamental Analysis – 31st July 2017 to 4th August 2017

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Last week, the American Dollar tried to make a move for a possible uptrend with unexpectedly strong Goods Trade Balance (Jun) , it failed to retain the gains due to the stronger GDP results of already stronger Canadian Dollar. The outcome is the CAD has managed to retain the downtrend. ගිය සතියේ USD මුදල් ඒකකය වැඩිවීමකට […]

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