forex GBP/USD 3/3

 Higher-yielding developed-market currencies, such as the Australian dollar and sterling, hold onto gains against the U.S. dollar after a statement from the Group of Seven countries said they stood ready to cooperate on actions to mitigate the impact of the coronavirus epidemic. Capital Economics says the statement "falls short of hopes of...an immediate and coordinated fiscal package and interest rate cuts." Mark McCormick, head of FX strategy at TD Securities says a "shift to fiscal easing" over rate cuts would be "more desirable" for currencies. GBP/USD is last up 0.3% at 1.2794. AUD/USD rises 0.6% to 0.6566, shrugging off a rate cut in Australia overnight.

forex USD/MYR 3/3

Asian currencies are mixed against the greenback ahead of a reported meeting of G-7 finance ministers and central bankers later today to discuss a response to the coronavirus epidemic. Anticipation of easier money conditions have lifted assets, CMC Markets and Stockbroking says, noting some assets such as equities jumped overnight on increased expectations that central banks will act to counter the economic damage of the epidemic. USD/IDR drops 0.6% to 14186.50, USD/THB is little changed at 31.48 and USD/MYR is up 0.1% at 4.2075.

Scalping Strategy Course (DVD + Online)

forex EUR/CAD

	Symbol : EURCAD

Direction : Identified time : 2020-03-02 01:45 GMT Breakout price : 1.47804 Forecast price : 1.4718 Forecast pips : 62 Probability : 64.07 %

Pattern : Triangle Interval : 15 Min Pattern : Support Interval : 15 Min

live Trade Alerts

The Forexmentor Live! interactive training in trading Forex includes unlimited access to the live trading classroom, detailed tutorial videos used in trading client accounts, a step-by-step guide to the LPT Method, technical analysis, detailed presentations throughout the day, live Trade Alerts, access to Professional Fund Managers, access to live news feeds in real time and so much more.

forex USD/JPY 3/2

USD/JPY
1st support - 106.50 (major)
1st resistance - 109.60 (major)
2nd support - 105.55 (moderate)
2nd resistance - 110.70 (moderate)
USD/JPY (last 107.70): The pair, as shown on a daily chart, remains on the downside after reversing course rapidly at the 112.00 level. The short-term outlook has turned bearish as the key support at 109.30 has been breached. Currently the pair is around the lower Bollinger band, calling for acceleration to the downside. Unless the key resistance at 109.60 is surpassed, the pair should fall toward 106.50 and 105.55 on the downside.