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  • Implementing a trading checklist is a vital part of the trading process because it helps traders to stay disciplined, stick to the trading plan, and builds confidence. Learn how to stick to the plan, stay disciplined, and use a checklist here: https://t.co/2MCG036HGH https://t.co/WvB0ze2Tpe
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  • Heads Up:🇧🇷 BCB Focus Market Readout due at 11:30 GMT (15min) https://www.dailyfx.com/economic-calendar#2020-08-10
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Ripple are long at 96.35%, while traders in US 500 are at opposite extremes with 76.44%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/VJzrlGSkfj
  • Heads Up:🇲🇽 Industrial Production YoY (JUN) due at 11:00 GMT (15min) Expected: -17.8% Previous: -30.7% https://www.dailyfx.com/economic-calendar#2020-08-10
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  • Commodities Update: As of 10:00, these are your best and worst performers based on the London trading schedule: Oil - US Crude: 1.55% Silver: 0.16% Gold: -0.20% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/a6Cpl9NrtM
  • Missed today's Cross-Market Weekly Outlook webinar? See the recording here - https://t.co/5IzIKPVcjn The focus this week was on potential for a broad US Dollar rebound, with an eye on #EURUSD, #AUDUSD and #gold
  • Forex Update: As of 10:00, these are your best and worst performers based on the London trading schedule: 🇬🇧GBP: 0.01% 🇨🇦CAD: -0.01% 🇯🇵JPY: -0.07% 🇪🇺EUR: -0.19% 🇳🇿NZD: -0.21% 🇨🇭CHF: -0.37% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/ZK6i5FuWCO
  • Triangle patterns have three main variations and appear frequently in the forex market. These patterns provide traders with greater insight into future price movement and the possible resumption of the current trend. Learn about triangles here: https://t.co/7FV2JAxssO https://t.co/RqjV3yyClM
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Note: Low and High figures are for the trading day.
76% of retail CFD accounts lose money 76% of retail CFD accounts lose money Trading forex carries a high level of risk

Canadian Dollar - Swiss Franc Chart

This is the forex quote for the Canadian Dollar against the Swiss Franc. In this quote, the value of one CAD (the 'base currency') is quoted in terms of CHF (the 'counter currency'). The Canadian Dollar is often considered to be a 'commodity currency' because Canada exports a large amount of natural resources, notably oil. In practical terms, this makes it sensitive to the ebb and flow of trends in investors' overall outlook on global economic growth. Meanwhile, Switzerland's has a long-standing history as a safe haven and harbor for foreigners looking to house their wealth in a private banking system. As a pairing embodying the relationship between a growth-linked, higher yielding currency and a safety-geared, low yielding one, CAD/CHF is a notable carry trade vehicle.
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Real Time News

DailyFX Aug 10, 2020
Implementing a trading checklist is a vital part of the trading process because it helps traders to stay disciplined, stick to the trading plan, and builds confidence. Learn how to stick to the plan, stay disciplined, and use a checklist here: https://t.co/2MCG036HGH https://t.co/WvB0ze2Tpe
2020-08-10 11:46:01
DailyFXedu Aug 10, 2020
Join @MBForex at 8:30 AM ET/12:30 PM GMT for his weekly strategy #webinar Register here: https://t.co/VAnAfZU02T https://t.co/hCU33zOlyq
2020-08-10 11:30:04
DailyFXTeam Aug 10, 2020
Heads Up:🇧🇷 BCB Focus Market Readout due at 11:30 GMT (15min) https://www.dailyfx.com/economic-calendar#2020-08-10
DailyFXTeam Aug 10, 2020
IG Client Sentiment Update: Our data shows the vast majority of traders in Ripple are long at 96.35%, while traders in US 500 are at opposite extremes with 76.44%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/VJzrlGSkfj
2020-08-10 10:45:02
DailyFXTeam Aug 10, 2020
Heads Up:🇲🇽 Industrial Production YoY (JUN) due at 11:00 GMT (15min) Expected: -17.8% Previous: -30.7% https://www.dailyfx.com/economic-calendar#2020-08-10
Aug 10, 2020

Economic Calendar

12:15:00
L
Housing Starts (JUL)
A:
F: 210K
P: R: 211.7K
06:30:00
L
Producer & Import Prices MoM (JUL)
A:
F:
P: R: 0.5%
06:30:00
L
Producer & Import Prices YoY (JUL)
A:
F:
P: R: -3.5%
12:30:00
L
New Motor Vehicle Sales (JUN)
A:
F:
P: R: 109K
12:30:00
L
Manufacturing Sales MoM (JUN)
A:
F: 16.4%
P: R: 10.7%
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