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GBP/USD is approaching a key support level ahead of the Fed and BoE meetings. The BoE is very unlikely to consider rate cuts before the Fed and the ECB. Meanwhile, Fed's hawkish stance could keep the...
Bearish: We are currently @ 1.2735 in a channel in a range. We are continuing a third wave and looking to continue the channel to the ATR target @ 1.2680 with a further S4 target @ 1.2663 area. ...
The Japanese yen is showing limited movement to start off the week. In the European session, USD/JPY is trading is almost unchanged at 149.07.Will the BoJ Raise Rates on Tuesday?The Bank of Japan will...
Last week, the US dollar fluctuated as inflation data came in above expectations, sparking volatility. Amid talks of potential shifts in Federal Reserve policy, investors are eyeing the upcoming Fed...
The Australian dollar has momentarily halted its downward trajectory against the US dollar, stabilizing around the 0.6565 mark. With a lack of significant domestic data from Australia, the AUD's...
Fed meets on Wednesday with focus on new dot plotWill the Bank of Japan finally end negative rates on Tuesday?BoE and RBA to stick with patience, SNB might be in more of a rush to cutFlash PMIs plus...
The New Zealand dollar continues to lose ground and has dropped more than 1% since Wednesday. In the European session, NZD/USD is trading at 0.6094, down 0.59%.NZ Manufacturing PMI Declines for 12th...
The USD/JPY pair is rising, reaching 148.28 on Friday. The US dollar is strengthening across the market following the release of US retail sales data.This information is prompting market participants...
US PPI jumps 0.6% New Zealand Mfg. PMI expected to remain in negative territory The New Zealand dollar has lost ground on Thursday. In the North American session, NZD/USD is trading at 0.6136, down...
Bearish: We are currently @ 1.2794 in a channel in a range. We are starting a third wave and looking to continue the channel to the ATR target @ 1.2750 with a further 0.618 Fibo target @ 1.2719 ...
AUD/USD squeezed between key levelsTraders indecisive ahead of US retail sales AUD/USD regained positive momentum and climbed above its exponential moving averages (EMAs) after breaking out of its...
The USDCAD pair remains within a sideways range, with the Canadian dollar occasionally showing a tendency to strengthen. Recent DES data revealed that Canadian households have become more affluent. In...
Here's your daily 60 seconds trading tip In this video, I share one of my favorite Price Action Trading Strategies for forex - Round Number Trading
The British pound is drifting on Wednesday. In the European session, GBP/USD is trading at 1.2784, down 0.06%.UK GDP Expands 0.2% in JanuaryIt wasn’t a spectacular rebound but the UK economy...
Bullish: We are currently @ 189.37 in a channel in a range. We are looking to continue the channel to the ATR target @ 1190.12. There is a further 0.214 Fibo target @ 190.52 area. Watch the...