Please try another search
USD/JPYThe USD/JPY is moving below the technical target we defined in December 2015 at 119.60 as seen on the provided daily chart. The pair may resume its downside journey below 38.2% Fibonacci,...
GBP/JPY Daily OutlookDaily Pivots: (S1) 176.41; (P) 177.56; (R1) 178.17; GBP/JPY's decline accelerates to as low as 175.99 so far and intraday bias remains on the downside for 174.86 key support...
US NFP is expected to be around 202K, and with the Fed already started its normalization process, any strong surprise today could cause the market to move sharply, therefore I’d recommend to sit...
We'll be getting the Canadian Employment Change release number today but since it’s scheduled at the same time with the U.S. Nonfarm Payroll report, I’d recommend to pay close attention to...
AU Retail Sales release could change the short-term direction of the AUD, especially if we were to get our tradable deviation. Due to the nature of the market context (being the first full trading...
The US ISM Non-Manufacturing PMI is a leading indicator and since the US services sector is about 70% of the entire workforce, a strong reading today could change the speculation on Friday’s...
UK Services Purchasing Manager Index could be another major mover for the sterling as market is just back to normal this week, any strong news should cause plenty of reactions.4:30am (NY Time) UK...
UK Manufacturing PMI should provide plenty of momentum as it’s the first major release in 2016 that is considered as tradable. Obviously with BOE taking a bit more of a neutral to bearish tone,...
US ISM Manufacturing PMI is a leading indicator and as the first major release out of the US in 2016, we should see plenty of market reaction, not mentioning the Nonfarm Payroll factor on...
Sell GBP/USDWith the US having initiated lift-off, USD strength has been most noticeable against the beleaguered British pound which has suffered from severe blows to UK rate-hike expectations. The...
London Forex Report: Volatile Start To 2016 As China Trade HaltedLondon Forex Report: Fed’s vice chairman Stanley Fischer said that “raising interest rates may be the appropriate...
USD/CAD hit new highs at the end of 2015 which has been expected for sometime, after we identified a flat correction in wave 4). We see price now in wave 5), which is a final leg of an impulsive rally...
Key Fundamental Forex Events and Forecasts for the Coming WeekThe following table lists the key economic data and other events that are due out during the week of January 4th – January 8th, with...
By all accounts, 2015 was the year of the dollar as the greenback surged against its major counterparts. The dollar was up around 10% versus a basket of trade-weighted currencies, with some of its...
As Saudi Arabia servers tie with Iran, oil price surged sharply in the first trading day of 2016 on Jan 3. WTI slumped to USD 33.98, approaching the lowest price at 33.20 since mid-February 2009. With...