Comment: For everybody who maybe trading forex, seeking to foresee where prices are likely to go next with confidence is the ultimate goal. In reality all of the signals in the world won’t be able to supply you any kind of warranty that exchange rate will move in the direction they indicate. The simple truth is, that whenever currency trading, we are dealing with possibilities. The best way to find the most success is usually to gain as much technical and fundamental data together to produce your decision. Of course being aware of what professional traders perceives as within USD/CAD – Loonie is Range Bound  also can give weight to the arguments for any position you take and so we are continuously hunting  at the views of expert forex traders from brokers right through to trade rooms.

[unable to retrieve full-text content]The exceptions were France and Eurozone’s Services PMI which came in below forecasts. The Euro has generally reacted positively to this data. President Draghi appeared in Germany today and market participants were looking for some indication of the end …
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