Follow us on Twitter
Don't miss out! Immediate notification for all trades and signals with the best action plans for key events - please click Premium pro subscription for trial
Sterling moves higher: October 7th 2015 - 12.15 GMT: Follow us on Twitter for latest updates: Follow @TheFXToday
There has been a further improvement in risk conditions while the rally in commodity prices has continued to fuel corrective moves in the commodity-relayed currencies. AUD/USD has moved to three-week highs above 0.7200, while USD/CAD dipped below the 1.3000 level. The strongest performer has been Sterling with a move above 1.530 against the dollar. Industrial data was better than expected and there has also been support from a hostile takeover bid for SABMiller which could lead to merger-related Sterling buying if successful.
Latest trade recommendations: October 7th: 12.15 GMT (time frame 1-24 hours)
|Currency pair||Latest update||Time (GMT)||Target entry level||Target 1||Target 2||Status||
|EUR/US$||07-10-15||12.30||Sell at 1.1278||1.1245||1.1225||Pending||Key support on approach to 1.1155|
|US$/CHF||07-10-15||07.00||Buy at 0.9653||0.9680||0.9710||Pending||Strong resistance towards 0.9800|
|AUD/US$||07-10-15||12.15||Sell at 0.7197||0.7165||0.7135||In play||Resistance on approach to 0.7200|
|US$/CAD||07-10-15||12.15||Buy at 1.3003||1.3035||1.3065||Closed 1.3019||Support on approach to 1.3000, 1.3019 trailing stop|
|GBP/US$||07-10-15||12.15||Sell at 1.5337||1.5305||1.5275||Pending||Resistance in the 1.5340/50 area|
|EUR/GBP||04-10-15||20.00||Sell at 0.7439||0.7410||0.7375||Pending||Selling interest near 0.7450|
|US$/JPY||07-10-15||07.00||Buy at 120.04||120.30||120.55||In play||Immediate support on approach to 119.80|
Full methodology and details of stops are available with the FXToday trading guide
Please refresh your browser to make sure you are viewing the latest updates
To make the best use of the site, please purchase the FXToday signals guide. Please click on Signals guide for full details.
Please click here for the latest Investica expert market analysis
View with confidence and beat the scammers. We will not use adware, cookies or any other data-mining device. If you find the site valuable, please show your support by donating so that we can maintain the site - Please click on the button below to donate through Paypal. - thank you.
Signals must not be reproduced without the permission of FXToday
Our pledge to you: View this clean site with confidence and beat the scammers. We guarantee that we will not use adware, cookies or any other data-mining device. If you find this site helpful, please tell your friends/colleagues. Copyright is held by FXToday. Analysis or signals must not be reproduced in any form without the permission of FXToday.
Disclaimer: 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. FXToday 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.
TOP 100 FOREX SITES