Quick News

Trading chances Important for aday


Controls on companies Forex

Central banks affect the forex

Forex Pivot Points

!!Free Forex Signals

World prices for Gold

Gold prices by year


Advertise Here

155 X 225

Click here to request advertising


نقاط الدعم والمقاومه توصيات مجانيه اخبار العملات اخبار النفط اخبار الذهب اخبار العملات اخبار العملات اخبار العملات اخبار النفط اخبار الذهب

Home Page > Forex News > Currency snapshot (commodity pairs)

Currency snapshot (commodity pairs)


Commodity pairs (AUD, NZD, & CAD) as a pact better than the majors as rate outlook improved. A chart and table is attached for explanation.

  • Aussie is struggling to hold on to its gain made over the rate hold by RBA earlier today however the pair has recovered its losses completely. Nevertheless could face resistance as RBA kept rates on hold but maintained the dovish bias. Tomorrow's GDP data is the next focus. The pair is trading at 0.782. Immediate Support lies at 0.767 & Resistance 0.792.
  • Kiwi still continuing its short range looking for a queue for further movement. Pair is trading at 0.753. No major event risk ahead the pair might continue the sideways with bullish bias. Pair is currently trading at 0.754. Immediate Support lies at 0.742 & Resistance 0.762.
  • Canadian dollar has gained over the positive GDP data and awaits the policy decision tomorrow. It is widely expected that BOC to hold rates steady. GDP grew at 2.4 percent in the fourth quarter compared to a previous 3.2 percent but well above market expectation of 2 percent. Currently trading at 1.245. Immediate Support lies at 1.235 & Resistance 1.272.  









Do you need assistance in Forex?   

Free Signals
Enter your email to receive the free signals


Advertising Text

يقدم خدمات اخبارية اقتصادية مبتكرة تهم كل متابع لعالم الاقتصاد

انت الرابح من تقلب اسعار العملاتهيا استغل الفرصه

تعليم ارشاد وتدريب مجاني تمتع مع افضل خدمات الفوركس

Advertise with us
Click here


Internet Trading Risks: The content on this website is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.

Advertising: We take informed Sirs clients forexonline1 that we do not have agents in any country. Any dealings outside of our site is responsible for it and claims that the deal for our site or it agent to us are not responsible for that too. and we are responsible for what you received from us we are directly without intermediary Or agent. And that the companies declared on our website just for advertising only.

High Risk Investment: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.

Market information: Any opinions, news, research, analyses, prices, or other information contained on this website is provided as general market commentary, and does not constitute investment advice. Forexonline1.com will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.

اخبار العملات اخبار النفط اخبار الذهب