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EUR/USDThe euro was little changed against the broadly stronger dollar on Friday, following the release of mixed U.S. economic reports, while talks on a new bailout package for Greece were delayed...
On Friday, the AUD weakened 0.97% against the USD to close at 0.7286. LME Copper prices declined 2.16% or $115.5/MT to $5224.5/MT. Aluminium prices declined 0.62% or $10.0/MT to $1594.5/MT. In the...
On Friday, the USD rose 0.06% against the CAD to close at 1.3035. In the Asian session, at GMT0300, the pair is trading at 1.3023, with the USD trading 0.09% lower from Friday’s close. The pair...
On Friday, the USD rose 0.23% against the CHF and closed at 0.9622, after the US manufacturing PMI data advanced in July. In the Asian session, at GMT0300, the pair is trading at 0.9604, with the USD...
On Friday, the USD weakened 0.10% against the JPY and closed at 123.79. In the Asian session, at GMT0300, the pair is trading at 123.48, with the USD trading 0.25% lower from Friday’s...
On Friday, the GBP is trading marginally lower against the USD and closed at 1.5510. In economic news, UK BBA mortgage approvals notched a 15-month high level of 44.48K in June, compared to a revised...
Because this is the first quarterly release for the second quarter of 2015, we are likely to see plenty of market reaction, especially considering the disappointing GDP that pushed the market to doubt...
US FOMC Interest Rate decision today is the main focus of the week. With the Fed Chief Yellen yet again reiterating that a rate hike should take place in 2015, today’s release could provide a...
We have had a 71% accuracy on our forecast for Friday. EUR/USD and GBP/USD were the pairs that we were a bit off. However markets moved in the predicted direction after violating out zones to the...
The whole idea of Trend Line Analysis is to capture the Price Action over the naked charts and find the most optimum zones for buy or sell. The trend line analysis done on the candle stick charts...
Key Events This Week: July 27th – 31stUSD: Durable Goods – Monday, Consumer Confidence – Tuesday, FOMC Rate Decision – Wednesday, GDP ThursdayEUR: German Unemployment Change...
The DecaPip Weekly features the best support and resistance levels for the upcoming week in the foreign exchange market and a guide to where price may be heading.In trading this week I am seeing GBP...
AUD/USD – Monday 27 July 2015The Australian dollar has fallen sharply over the last month which has culminated in a new six year low below 0.7300 to close out last week. It is presently trading...
August has traditionally been the month where the market seems to die a death with traders mumbling about the Summer Doldrums. It almost seems as if the market has been that way for 3 months...
Welcome to another FOMC week!While probably not yet in play, the Fed’s rhetoric out of the meeting will be hugely influential in how the US dollar behaves heading into the following...