Tue, 21 Feb 2017 14:44:05 GMT
Forex technical analysis. EURUSD rolling over but tests support. Trades at session lows
The EURUSD is trading at new session lows at 1.0525. Looking at the daily chart, the 61.8% of the move up from the January low comes in at 1.0526. The low price from last week reached 1.05208. The swing low from back in November reached 1.05171.
Tue, 21 Feb 2017 14:16:00 GMT
Forex technical analysis: USDJPY tests 50% of last week's move lower
The USDJPY has followed the dollar higher in trading today. The pair has consolidated around the 100 and 200 hour MAs (at 113.44 and 113.52 respectively), and is trying to get above the 50% retracement of the move down from last week's high. That level ...
Tue, 21 Feb 2017 09:02:57 GMT
11 benefits Nigerians could enjoy from CBN's new FOREX policy
The Central Bank of Nigeria, CBN, on Monday unveiled a new foreign exchange, FOREX, policy. The policy is to increase availability of FOREX to ease the difficulties Nigerians encounter in funding foreign exchange transactions. Here are 11 benefits the ...
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8 ways Nigerians could benefit from the new CBN FOREX policy