February 14, 2017 - Forex Alchemy

USD/CAD intraday technical levels and trading recommendations for February 14, 2017

The USD/CAD pair challenged the upper limit of the depicted channel around 1.3360-1.3400 which succeeded to apply enough bearish pressure on the...

On December 16, the price level of 0.6990 failed to apply enough bullish pressure. Instead, bearish movement continued toward the lower limit of...

By the end of June a significant bearish break below 1.3550 was expressed as seen on the depicted charts (Fundamental Reasons). Bearish...

In January 2015, the EUR/USD pair moved below the major demand levels near 1.2100 where historical bottoms were previously set in July 2012 and...

Wave summary: We continue to look for a break above minor resistance at 1.4862 for a move closer to 1.4918 to complete wave i/ and set the stage...

Wave summary: The failure to rally above 121.33 has kept the minor correction alive and will likely course a minor spike to just below 120.22...

For some, Valentines’ Day is the most romantic time of the year but others don’t exactly see the point of spending on dates, buying...