something interesting

<  BACK TO Market Analysis

FOREX Week Ahead

FOREX_Week-ahead_USD-rises_FXPIG

The US dollar gained against major pairs thanks to strong economic indicators and the end of month and quarter flows. The greenback had a positive week ahead of the easter holiday. The first week of April will kick off with a plethora of US economic data, the most important of all the U.S. non farm payrolls (NFP). Central banks will get back into action with the Reserve Bank of Australia (RBA), although no changes to monetary policy are expected in the next meeting.

  • Reserve Bank of Australia (RBA) anticipated to keep rate unchanged
  • US job reports to add jobs but focus is on wage growth
  • European inflation to guide ECB on QE and rates
US 4Q GDP and Quarter End Flows Boost USD

The EUR/USD lost 0.24 percent in the last five trading days. The single currency is trading at 1.2323 at the end of a short trading week due to the Easter holiday. The USD got a boost from better than expected GDP data on Wednesday. The final estimate came in at 2.9 percent for the fourth quarter of 2017 improving on the two previous releases. The greenback also got a boost from quarter end flows which increase the demand of the currency for portfolio rebalancing across asset classes.

The USD is still having a bad start to 2018. The EUR is up 2.69 percent versus the dollar year to date. Low inflation has been the fly in the euro’s ointment. Economic growth is stronger, but lack of inflationary pressures make talks of interest rate hikes by the European Central Bank (ECB) premature. The flash consumer price index (CPI) release on Wednesday, April 4 at 5:00 am EDT. The market expects a 1.4 percent gain in the CPI and 1.1 percent on the core CPI readings.

US employment data will drop this week with the ADP private payrolls on Wednesday, April 3 at 8:15 am EDT forecasted at 206,000, and the biggest indicator in the market the U.S. non farm payrolls (NFP) to be published on Friday, April 6 at 8:30 am EDT. After the massive 300,000 jobs gain a lower gain of 190,000 is expected, but the eyes of the market will be focused on the average hourly earnings data point with an expected 0.3 percent gain.

Mexican Peso Soars as NAFTA and Politics Find Stability

The Mexican peso has been one of the best performers against the USD in 2018. Dollar highs against the MXN in the last two quarters came about in December of 2017 when NAFTA anxiety was at its strongest. Inflexible US demands on auto and other big topics have prevented the NAFTA renegotiation from moving forward. Canada and Mexico did not buckle under pressure and given the deep relationships with US states, many of them under Republican governors, the market is not pricing in a sudden end of the trade agreement.

The USD/MXN is trading at 18.1766 on Friday. The currency pair started trading at 18.5211 and the USD has only depreciated as the week has gone by. The sudden urgency by the Trump administration to wrap up the renegotiation by May 1st is seen as a good sign as this time they seem to be willing to come to the table to sign an agreement. Originally the three nations wanted the talks to have wrapped up by the end of last year to avoid running close to political events. Mexican presidential elections in July, where the left is leading the polls, US midterms in the fall and provincial elections in Ontario and Quebec could end up eroding support for NAFTA.

Loonie Looking Ahead to Trade and Employment Data

The USD/CAD was flat in the last five trading days. The currency pair is trading at 1.2889. The better than expected US Final GDP for the fourth quarter turned the tables in favour of the US dollar, alongside month end flows. The NAFTA optimism has done little to boost the loonie in comparison to the peso. The slowdown in the economy is a concern despite rising oil prices. The Bank of Canada (BoC) is expected to hike at least two times this year to keep up with the U.S. Federal Reserve, but it would be limited if the economy does not find traction.

Canadian jobs data will be released at the same time as the US NFP report on Friday, April 6 at 8:30 am EDT. The economy is forecasted to add another 20,000 jobs after last month’s 15,000 gain. Later at 10:00 am EDT the Ivey purchasing managers index (PMI) will be published. US jobs will take most of the spotlight, but given the perceived softness of the Canadian economy a strong employment indicator would be a positive for the loonie.

Market events to watch this week:

Monday, April 2 10:00am USD ISM Manufacturing PMI

Tuesday, April 3 12:30am AUD Cash Rate

12:30 am AUD RBA Rate Statement 

4:30am GBP Manufacturing PMI

9:30pm AUD Retail Sales m/m 

Wednesday, April 4

4:30am GBP Construction PMI 

8:15am USD ADP Non-Farm Employment Change

10:00am USD ISM Non-Manufacturing PMI

10:30am USD Crude Oil Inventories

9:30pm AUD Trade Balance

Thursday, April 5

4:30am GBP Services PMI

8:30am CAD Trade Balance

Friday, April 6

8:30am CAD Employment Change

8:30am CAD Unemployment Rate

8:30am USD Average Hourly Earnings m/m

8:30am USD Non-Farm Employment Change

8:30am USD Unemployment Rate

Source:marketpulse.com

The US dollar gained against major pairs thanks to strong economic indicators and the end of month and quarter flows. The greenback had a positive week ahead of the easter holiday. The first week of April will kick off with a plethora of US economic data, the most important of all the U.S. non farm payrolls (NFP). Central banks will get back into action with the Reserve Bank of Australia (RBA), although no changes to monetary policy are expected in the next meeting.

  • Reserve Bank of Australia (RBA) anticipated to keep rate unchanged
  • US job reports to add jobs but focus is on wage growth
  • European inflation to guide ECB on QE and rates
US 4Q GDP and Quarter End Flows Boost USD

The EUR/USD lost 0.24 percent in the last five trading days. The single currency is trading at 1.2323 at the end of a short trading week due to the Easter holiday. The USD got a boost from better than expected GDP data on Wednesday. The final estimate came in at 2.9 percent for the fourth quarter of 2017 improving on the two previous releases. The greenback also got a boost from quarter end flows which increase the demand of the currency for portfolio rebalancing across asset classes.

The USD is still having a bad start to 2018. The EUR is up 2.69 percent versus the dollar year to date. Low inflation has been the fly in the euro’s ointment. Economic growth is stronger, but lack of inflationary pressures make talks of interest rate hikes by the European Central Bank (ECB) premature. The flash consumer price index (CPI) release on Wednesday, April 4 at 5:00 am EDT. The market expects a 1.4 percent gain in the CPI and 1.1 percent on the core CPI readings.

US employment data will drop this week with the ADP private payrolls on Wednesday, April 3 at 8:15 am EDT forecasted at 206,000, and the biggest indicator in the market the U.S. non farm payrolls (NFP) to be published on Friday, April 6 at 8:30 am EDT. After the massive 300,000 jobs gain a lower gain of 190,000 is expected, but the eyes of the market will be focused on the average hourly earnings data point with an expected 0.3 percent gain.

Mexican Peso Soars as NAFTA and Politics Find Stability

The Mexican peso has been one of the best performers against the USD in 2018. Dollar highs against the MXN in the last two quarters came about in December of 2017 when NAFTA anxiety was at its strongest. Inflexible US demands on auto and other big topics have prevented the NAFTA renegotiation from moving forward. Canada and Mexico did not buckle under pressure and given the deep relationships with US states, many of them under Republican governors, the market is not pricing in a sudden end of the trade agreement.

The USD/MXN is trading at 18.1766 on Friday. The currency pair started trading at 18.5211 and the USD has only depreciated as the week has gone by. The sudden urgency by the Trump administration to wrap up the renegotiation by May 1st is seen as a good sign as this time they seem to be willing to come to the table to sign an agreement. Originally the three nations wanted the talks to have wrapped up by the end of last year to avoid running close to political events. Mexican presidential elections in July, where the left is leading the polls, US midterms in the fall and provincial elections in Ontario and Quebec could end up eroding support for NAFTA.

Loonie Looking Ahead to Trade and Employment Data

The USD/CAD was flat in the last five trading days. The currency pair is trading at 1.2889. The better than expected US Final GDP for the fourth quarter turned the tables in favour of the US dollar, alongside month end flows. The NAFTA optimism has done little to boost the loonie in comparison to the peso. The slowdown in the economy is a concern despite rising oil prices. The Bank of Canada (BoC) is expected to hike at least two times this year to keep up with the U.S. Federal Reserve, but it would be limited if the economy does not find traction.

Canadian jobs data will be released at the same time as the US NFP report on Friday, April 6 at 8:30 am EDT. The economy is forecasted to add another 20,000 jobs after last month’s 15,000 gain. Later at 10:00 am EDT the Ivey purchasing managers index (PMI) will be published. US jobs will take most of the spotlight, but given the perceived softness of the Canadian economy a strong employment indicator would be a positive for the loonie.

Market events to watch this week:

Monday, April 2 10:00am USD ISM Manufacturing PMI

Tuesday, April 3 12:30am AUD Cash Rate

12:30 am AUD RBA Rate Statement 

4:30am GBP Manufacturing PMI

9:30pm AUD Retail Sales m/m 

Wednesday, April 4

4:30am GBP Construction PMI 

8:15am USD ADP Non-Farm Employment Change

10:00am USD ISM Non-Manufacturing PMI

10:30am USD Crude Oil Inventories

9:30pm AUD Trade Balance

Thursday, April 5

4:30am GBP Services PMI

8:30am CAD Trade Balance

Friday, April 6

8:30am CAD Employment Change

8:30am CAD Unemployment Rate

8:30am USD Average Hourly Earnings m/m

8:30am USD Non-Farm Employment Change

8:30am USD Unemployment Rate

Source:marketpulse.com

lastest Articles

Quips of Wisdom
FOREX Trading Wisdom:Clear Markets
https://en.gravatar.com/userimage/34011725/cac48086660b253b9c1e53a8b4a23604.png
Market Analysis
Forex Today: Aussie weakest in Asia risk-off, eyes on BOE inflation report hearings
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
PAMM News
Managed Forex Accounts Daily Results (19.11.2018)
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Fed's Williams: Fed to continue hiking rates along gradual path
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold ticks lower to $1220, though downside remains limited
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Tech Targets: EUR/USD, GBP/USD, AUD/USD, NZD/USD, USD/JPY (19.11.2018)
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Company News
SKRILL Policy Change
https://en.gravatar.com/userimage/34011725/cac48086660b253b9c1e53a8b4a23604.png
Market Analysis
Dollar Lower Ahead of Crucial Week for Brexit and Italian Budget
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
PAMM News
Managed Forex Accounts Weekly Results
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Quips of Wisdom
FOREX Trading Wisdom: Time Off
https://en.gravatar.com/userimage/34011725/cac48086660b253b9c1e53a8b4a23604.png
Market Analysis
Draghi’s speech: Slowdown has raised questions about strength of growth outlook
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
FOREX Tech Targets: EUR/USD, GBP/USD, AUD/USD, NZD/USD, USD/JPY (16.11.2018)
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/USD – Euro ticks lower, investors eye U.S retail sales
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Quips of Wisdom
FOREX Trading Wisdom: Never Happens
https://en.gravatar.com/userimage/34011725/cac48086660b253b9c1e53a8b4a23604.png
Market Analysis
Tech Targets: EUR/USD, GBP/USD, AUD/USD, NZD/USD, USD/JPY (15.11.2018)
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
PAMM News
Managed Forex Accounts Daily Results (14.11.2018)
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Quips of Wisdom
FOREX Trading Wisdom: Breaking Rules
https://en.gravatar.com/userimage/34011725/cac48086660b253b9c1e53a8b4a23604.png
Market Analysis
Gold Prices May Fall on US CPI Uptick, Hawkish Powell Comments
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/USD gyrates around 1.1300 ahead of EMU GDP, US CPI
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
FX Today: Pound sees two-way trading in Asia, Eyes on German GDP, Brexit Cabinet meeting, UK CPI
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
PAMM News
Managed Forex Accounts Daily Results (13.11.2018)
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Tech Targets: EUR/USD, GBP/USD, AUD/USD, NZD/USD, USD/JPY - 13.11.2018
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Risk rebounds on easing US-China trade woes; UK wages, ZEW – Key
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
PAMM News
Managed Forex Accounts Daily Results (12.11.2018)
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
US Dollar Flying High on Hawkish Fed Statement
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Quips of Wisdom
FOREX Trading Wisdom: Trading Rule #10
https://en.gravatar.com/userimage/34011725/cac48086660b253b9c1e53a8b4a23604.png
Market Analysis
GBP/USD challenges 1.3000 post-UK data
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
USD/JPY retreats further from 5-week tops, at low point of the day
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
PAMM News
Managed Forex Accounts Daily Results (08.11.2018)
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/JPY Technical Analysis: Upside capped by the 200-day SMA at 130.21
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Quips of Wisdom
FOREX Trading Wisdom: Trading Rule #9
https://en.gravatar.com/userimage/34011725/cac48086660b253b9c1e53a8b4a23604.png
Market Analysis
Forex Today: US dollar extends post-US election recovery ahead of FOMC decision
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
PAMM News
Managed Forex Accounts Daily Results (07.11.2018)
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Crude Oil Technical Analysis: Black Gold continues its descent as bearish EIA data sends WTI to $61.00 a barrel
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Quips of Wisdom
FOREX Trading Wisdom: Trading Rule #8
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
FOMC: No urgency to raise policy rates
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Tech Targets: EUR/USD, GBP/USD, AUD/USD, NZD/USD, USD/JPY ( 07.11.2018)
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold turns higher for the day, up little around $1235 level
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Quips of Wisdom
FOREX Trading Wisdom: Trading Rule #7
https://en.gravatar.com/userimage/34011725/cac48086660b253b9c1e53a8b4a23604.png
Market Analysis
Forex Today: US dollar better bid heading into the US mid-term elections
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
PAMM News
Managed Forex Accounts Daily Results (05.11.2018)
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Tech Targets: EUR/USD, GBP/USD, AUD/USD, NZD/USD, USD/JPY (05.11.2018)
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Quips of Wisdom
FOREX Trading Wisdom: Trading Rule #6
https://en.gravatar.com/userimage/34011725/cac48086660b253b9c1e53a8b4a23604.png
Market Analysis
FX Today: GBP – a big mover in Asia on mixed Brexit news, focus on UK services PMI
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Company News
It's Time To Fall Back
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
PAMM News
Managed Forex Accounts Weekly Results (29.10-02.11.2018)
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Strong Fundamentals Boost Dollar with US Midterms in Focus
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
USD/JPY struggles to build on positive move beyond 113.00 handle, NFP in focus
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Quips of Wisdom
FOREX Trading Wisdom: Trading Rule #5
https://en.gravatar.com/userimage/34011725/cac48086660b253b9c1e53a8b4a23604.png
Market Analysis
Tech Targets: EUR/USD, GBP/USD, AUD/USD, NZD/USD, USD/JPY (02.11.2018)
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
PAMM News
Managed Forex Accounts Daily Results (01.11.2018)
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Quips of Wisdom
FOREX Trading Wisdom: Trading Rule #4
https://en.gravatar.com/userimage/34011725/cac48086660b253b9c1e53a8b4a23604.png
Market Analysis
Gold stages a solid rebound from 3-week lows amid notable USD supply
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Tech Targets: EUR/USD, GBP/USD, AUD/USD, NZD/USD, USD/JPY- 01.11.2018
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
PAMM News
Managed Forex Accounts Daily Results (31.10.2018)
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Breaking News: GBP/USD jumps as Raab says a Brexit deal is expected by November 21
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/USD – Euro yawns as Eurozone CPI, GDP meet forecasts
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
ECB’s Visco: Widening of Italy-German yield spread reflects the risk of default
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Quips of Wisdom
FOREX Trading Wisdom: Trading Rule #3
https://en.gravatar.com/userimage/34011725/cac48086660b253b9c1e53a8b4a23604.png
Market Analysis
Tech Targets: EUR/USD, GBP/USD, AUD/USD, NZD/USD, USD/JPY( 31.10.2018)
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
PAMM News
Managed Forex Accounts Daily Results (30.10.2018)
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Tech Targets: EUR/USD, GBP/USD, AUD/USD, NZD/USD, USD/JPY (30.10.2018)
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Quips of Wisdom
FOREX Trading Wisdom: Trading Rule #2
https://en.gravatar.com/userimage/34011725/cac48086660b253b9c1e53a8b4a23604.png
Market Analysis
EUR/USD still looks to a visit of 1.1315/01 – Commerzbank
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Trump offers reprieve to Asia, focus shifts to Eurozone GDP, German CPI
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
PAMM News
Managed Forex Accounts Daily Results (29.10.2018)
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Cautious start to a Big week ahead, eyes on UK Annual Budget report
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Quips of Wisdom
FOREX Trading Wisdom: Trading Rule #1
https://en.gravatar.com/userimage/34011725/cac48086660b253b9c1e53a8b4a23604.png
Market Analysis
Tech Targets: EUR/USD, GBP/USD, AUD/USD, NZD/USD, USD/JPY - 29.10.2018
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Dollar Pays Heavy Price for Equity Sell Off
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
PAMM News
Managed Forex Accounts Daily Results (26.10.2018)
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
USD/CAD Technical Analysis: Big bears offering Friday surprise as the market is reversing down sharply to 1.3050 level
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold Technical Analysis: Bulls keep the trend intact as the Yellow Metal is nearing $1,250.00/oz
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Tech Targets: EUR/USD, GBP/USD, AUD/USD, NZD/USD, USD/JPY -26.10.2018
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Quips of Wisdom
FOREX Trading Wisdom:Talk yourself out of bad trades
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
PAMM News
Managed Forex Accounts Daily Results (25.10.2018)
https://en.gravatar.com/userimage/34011725/cac48086660b253b9c1e53a8b4a23604.png
Market Analysis
EUR/JPY sticks to modest recovery gains, above 128.00 mark post-ECB
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Quips of Wisdom
FOREX Trading Wisdom: Judge yourself not by the outcome
https://en.gravatar.com/userimage/34011725/cac48086660b253b9c1e53a8b4a23604.png
Market Analysis
EUR/USD Technical Analysis: Set-up points to an extension of the bearish trend, ECB awaited
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold turns lower, hits intraday low around $1230
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
USD/JPY recovers a major part of early slide to over 1-week lows, retakes 112.00 mark and beyond
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Company News
Changes on Banking
https://en.gravatar.com/userimage/34011725/cac48086660b253b9c1e53a8b4a23604.png
PAMM News
Managed Forex Accounts Daily Results (24.10.2018)
https://en.gravatar.com/userimage/34011725/cac48086660b253b9c1e53a8b4a23604.png
Market Analysis
GBP/USD Technical Analysis: Flirting with a descending trend-channel support, 6-week lows ahead of May's speech
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
GBP/JPY struggles near 6-week lows, just below mid-145.00s
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
USD/CAD recovers to 1.3100 ahead of BOC rate hike
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Quips of Wisdom
FOREX Trading Wisdom: trading is to play great defense
https://en.gravatar.com/userimage/34011725/cac48086660b253b9c1e53a8b4a23604.png
Market Analysis
AUD/USD surrenders early gains to levels beyond 0.7100 handle
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
USD/JPY Technical Analysis: Forming a bearish Head & Shoulders pattern on hourly chart
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold: In a sideways consolidation phase, around $1230 level
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
PAMM News
Managed Forex Accounts Daily Results (23.10.2018)
https://en.gravatar.com/userimage/34011725/cac48086660b253b9c1e53a8b4a23604.png
Market Analysis
EUR/USD recovery halted ahead of 1.1490
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
USD/CAD – Canadian dollar continues to drift, BoC expected to raise rates
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
US Dollar Index fades the spike to tops above 96.00
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Quips of Wisdom
FOREX Trading Wisdom: your goal is to trade well
https://en.gravatar.com/userimage/34011725/cac48086660b253b9c1e53a8b4a23604.png
Market Analysis
EUR/USD Technical Analysis: The pair remains capped by the lower 1.1600s
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Brexit: Negotiations continuing – Deutsche Bank
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
GBP futures: neutral so far, further decline not ruled out
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
PAMM News
Managed Forex Accounts Daily Results (22.10.2018)
https://en.gravatar.com/userimage/34011725/cac48086660b253b9c1e53a8b4a23604.png