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Breach of 18.3300 could mean a start of a bullish trend on FRA40

FRA40 has broken through a line of 18.3300. If this breakout holds true, we expect the price of FRA40 to test 18.6475 within the next 6 hours. But don’t be so quick to trade, it has tested this line numerous times in the past, so you should probably confirmation the breakout before placing any trades.

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After testing 1.3174 numerous times, USD/CAD is once again approaching this price point. Can we expect a bullish trend to follow?

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We expect CRD to trend downwards today with a 75% chance.

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